The global recession would ease in the next 18 months and India, in particular, would recover faster, Kris Gopalakrishnan, chief executive and managing director of Infosys Technologies, and chairman of Industry Vision Group, said.

He was delivering the keynote address before the start of the panel discussion on 'Big vision big opportunities: Destination Mysore' organised by the Confederation of Indian Industry (CII) on Wednesday.

Goplakrishnan said export markets had remained stable despite the recession. This should strengthen industrialists' faith in the markets. If the investments continued and opportunities followed, growth would be assured, he said.

Infosys Technologies, the second largest services firm of country by revenue, would take tough stance against poor performers. With 2,200 of its employees already been put under scanner for non-performance, things may be tough for the current staff.

However, the company ruled out any lay-offs and said that it wouldtake other measures to cut costs and increase business efficiency.

Leading IT exporter, Infosys Technology has announced to recruit around 27,000 professionals by March this year. The company seems encouraged from 33 per cent rise in profit in the third quarter of 2008-09.

Infosys also added new clients recently and has issued positive future guidance. Thus, more professionals are required to deliver efficient services to new and existing clients.

Information technology (IT) company Infosys Technologies Ltd ha

Bangalore, Jan 11: Country’s software major Infosys Technologies