Budget 2013-14: Clarity from govt on macro issues may boost IT

“The IT industry has reached a tipping point in terms of scale and maturity today, where the issues it is grappling with as the next impediment to growth do not have to do with granular industry level issues like taxation, ‘sops’ etc. The issues that will enable or inhibit the next level of growth for the industry have to do with fundamental country level issues like infrastructure improvements, education, skills development, streamlined regulatory procedures and improving the investment climate. Therefore, I would look at increased focus on Budget allocations or clarity of future direction of the government on these macro issues as indicators for the future success of the IT industry.”