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Eurozone crisis will blow over: Azim Premji

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Press Trust of India Bangalore

IT czar Azim Premji sees no impact of the eurozone crisis on the Indian IT industry and expects it to "blow-over".

"I don't think we have revised our estimates of growth from NASSCOM. We believe that it (the crisis) will blow over," the Chairman of the New York Stock Exchange-listed, Bangalore-headquartered Wipro Limited told reporters here.

He pointed out that Greece constitutes just 2.5 per cent of the entire domestic product of the European Union and about 0.2 or 0.3 per cent of the global GDP.

Premji said Wipro is not feeling the 'effects' of the eurozone crisis.

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First Published: May 21 2010 | 5:31 PM IST

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