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V R Singh, chairman of IEEE Delhi Chapter and a visiting professor at the National Physical Laboratory, felt the IT boom is not likely to bust. “Rather, it will strengthen further. The Indian IT sector is technically sound.” Deepak Garg, a faculty member in the Department of Computer Science and Engineering at Thapar University, said the long-term prospects of the IT sector are very bright. “In the short-term, there may be salary cuts but not many job cuts,” he said.
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