Trade unions in IT not desirable: Infosys CEO

THIRUVANANTHAPURAM: Asserting that perception and image of the IT sector was a vital factor for its growth, Infosys Technologies CEO and MD Kris Gopalakrishnan on Monday said that trade unions were not desirable in the IT sector at this point of time.

"It may not affect the industry, but there would be change in the perception and image of the industry if trade unions are introduced," Gopalakrishnan told a meet-the-press programme here.

Justifying his stand, Gopalakrishnan said the IT sector was a well-paid industry and employees were happy.

"What is the reason for trade unions now in the IT sector," he asked.

"We must seriously consider whether it is the right time to have trade unions in the IT sector. It might hurt the industry," he added.

"However, he said problems in the IT sector, if any, should be addressed through discussions. IT bodies should take the initiative in this regard," he said.

Stating that the IT sector employs 10 lakh people now and was growing fast, generating two to three lakh jobs every year, he said IT jobs were well-paid and very attractive.

On merger and take over of foreign IT companies by Indian companies,he said it would integrate the Industry with global economy and it also showed the strength and confidence of the IT sector in the country.

Welcoming the Centre's move to abolish tax holidays in the IT sector, he said all companines have to pay tax.

However, he added that as long as such a scheme existed, "we will also take advantage of it."