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The Upside of a Downturn

Published Date: 
Aug 10, 2012
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Source: 
Business Standard
With economic data in the country suggesting the recent recovery may be affected by headwinds from the global slowdown, now is a good time to remember the lessons from 2008. “During the 2008-11 period, HCL grew at 24 percent (CAGR), twice the average industry growth rate. It also tripled its market capitalization during the same period. This is because we viewed the slowdown as an opportunity to accelerate,” says Rajiv Sodhi, Senior Corporate VP and Chief Customer Officer, HCL Technologies. Read to know more.
Source: 
Business Standard
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