“Businesses in continental Europe were now, post the downturn in the economy there, opening up to outsourcing to Indian companies. This trend had been getting stronger over the past 2 years. This is driven by the opportunity at hand to tighten budgets, given many of these economies are facing a downturn or recession. The outsourcing is happening across sectors, including non-financial sectors such as power & energy or engineering.” -Infosys