Mid sized companies should increasingly resort to consortium or joint marketing efforts to increase reach while pegging down costs.

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"I believe it is the perfect time for Indian companies to strengthen their business models and develop new capabilities"
says Mr.Kiran Karnik,
President of NASSCOM

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IBM has acquired PricewaterhouseCoopers' global business consulting and technology services unit, PWC Consulting for $3.5 billion in cash and stock.

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M & A in focus

Indian IT companies would be well served to adopt a dual strategy of pursuing organic growth while scouting around for acquisitions.

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"An integrated approach to sales lead generation, combined with an unwavering focus on implementation are the reasons for success"
says Sangita Singh, H-Strategic Marketing, Wipro Technologies.

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