IT has been the lone warrior for the bulls off late. Recently we got the FY19 outlook from NASSCOM as well, which sees high single digit growth for IT exports. In an interview with CNBC-TV18, Abhishek Singh, Group CFO of Mastek shared his thoughts on the outlook. The company also posted Q3 numbers, which appear steady.
We can clearly see that the demand environment has improved and in the two key markets that we operate in UK as well as in US, we clearly see that there are enough and more inquiries and the demand generation is good, he said.
Brexit has thrown up a slew of opportunities for companies like Mastek because it has led to creation of possibly more than 30 departments within the UK government and a lot of them need IT support, he added.
North America business shows a positive momentum and there we are focused on digital transformation and digital commerce space. We see significant demand there and we are servicing that, said Singh.
For full interview, watch accompanying video…Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
