India's IT industry to continue to boom

India's IT industry is set to continue to boom by providing cheaper services to global companies. However, bad infrastructure and strain on talent availability could dull its competitive edge. As the Economic Times http://www.economictimes.indiatimes.com reports, this was the conclusion that the summit of the National Association of Software and Service Companies (Nasscom) http://www.nasscom.org came to. However, although India remains the world's leading destination for IT outsourcing, experts have begun to question the sustainability of growth given the labour cost surge and pressure on talent availability due to rapid growth in demand.