Every downturn a boon for Indian software companies: Narayana Murthy

I think every downturn is actually a boom for Indian software companies except some extraordinary events like 2008 when the banking sector went down very badly and that was a reasonably large sector for large Indian software companies like TCS, Infosys etc. But even during that year, I still remember Kris Gopalakrishnan was a CEO, we grew by 25% so that was not bad.

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