Infosys [Get Quote] chief executive officer Kris Gopalakrishnan said that the industry would figure out a way to withstand the challenge posed by the rapid change in the value of the rupee.

He was confident that the IT industry would learn to cope with the appreciating rupee against the dollar if the process was gradual. "However, the rapid change in the value of the rupee is a concern."

Though the appreciation is adversely impacting software exports, Gopalakrishnan believes that "it is good for the country" as imports have become cheaper.

"The rupee appreciation means imports will become cheaper...that too when India needs a lot of infrastructure development. Also, oil becomes cheaper. It is good for the country, but this trend definitely affects exports," he told reporters on Friday.