Infosys executive co-chairman Kris Gopalakrishna today said IT industry should create new products and revenue streams to achieve the $300 billion revenue target by 2020.
The company, however, expects the direct impact of the Japanese crisis to be minimal on its business in the short-term.
The $4.6-billion company, which had earlier made an unsuccessful bid to acquire SAP consulting firm Axon that was latter acquired by HCL, would prefer acquiring companies overseas where growing organically is a little challenge, the Bangalore-headquartered company's CEO and MD S (Kris) Gopalakrishna said.
'There will only be an institutional solution between the board and the founders to take Infosys forward.'
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