Future Prospects Growth Risks: Unstable global demand: cut in IT budget and declining demand VISA restriction in US to curb

on in US to curb outsourcing will lead to demand Increased competition could result in price competition Wage inflation and overall increase in cost could reduce the profit margin. Low/modest growth levels in the near future High Attrition Rate Skill gap Inflating consumer markets due to decreased semiconductor price. Increasing internet and related service users Urbanization and growing literacy Expected to reach $285 billion by 2020 FDI regimes in select industries increasing investment Spending on efficient technologies, renewable energy, recycling and waste management Emerging technologies like cloud computing and social media Applications in healthcare, education, governance and infrastructure Depreciating value of the rupee will increase gains in the near future