anish1234
wats da percentage of recession hit to the follwing sectors??? 1.MEchanical sector 2.IT sector
From India, Mangaluru
Hansjeet
Good Evening Sir,
With the reference to your query,
One cannot determine the percentage of precipitation has taken place due to Recession, specially in a specific industry i.e. Mechanical/IT.
The percipitation will be different in each Nation.
If you still have issues relating to the same, kindly mail at "h.duggal09@gmail.com"
Respects & Regards
Hansjeet

From India, Ludhiana
anish1234
OKay fine....if its not possible to determine it specifically ,atleast can u give me an insite into which of the two sectors that i have mentioned has hit by recession the most.Gie me the details according to the global trends and also by Indian trends.
From India, Mangaluru
psdhingra
387

Dear Anish,
Yours is neither a simple question, nor of a few minutes to reply. Whosover would try to reply your question will have to specifically compile a great lot of data from various sources. Moreover, you will also not be satisfied with partially baked information where you will simply be wasting time in wait of a few replies.
IT IS THEREFORE ADVISABLE, BETTER TRY TO MAKE YOUR OWN RESEARCH.
With best wishes
P S Dhingra
Vigilance & Management Consultant
Dhingra Consultancy Group
New Delhi

dcgroup2006@gmail.com

From India, Delhi
Hansjeet
Good Evening,

Though Recession brought dark clouds over the most developed economies, but India experienced Ripple Effects of the same.

We won't be going in to much detail as it may become technical.

Firstly taking IT Sector as base in India

1.Growth will occur at less than last three years CGPA(31%), but Software exports may touch US60$ billion in 2009-10 fiscal year according to McKinsey report.

2.ITES have been affected,India's outsourcing industry has been cut size coupled with lower revenue, job loss and lower salary hikes.

3.There had been some kind of problem in Automobile industry also, TATA motors have to face, it aquired JLR and with the launch of NANO there had been some financial problems.

4.There had been a lot of job losses in IT, as India serves as the hub of IT companies of abroad.

Taking Global economy as base,

1.Recently there had been a news of GM, filing for bank corrupcy(Plz do research, i'm not sure)

2.As people were left with less or no money, the retail sector arm was paralyzed and industries had to suffer allot.

If, you still require some more information, then one should analyze the macroeconomic factors effecting a business.

Hope it does your need full.

More queries are welcomed.

Respects & Regards

Hansjeet

From India, Ludhiana
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