An article in-conversation with Mr. R Chandrashekhar, President-designate, NASSCOM, on his new role as the NASSCOM president and his prospects of the Indian IT industry, the US immigration Bill and government spending on technology. The article states that this is an exciting time as there are both opportunities as well as challenges. In the global market for example there are some challenges in some of the established traditional markets in the US and the Europe. There are however also new possibilities in newer markets like Japan, Africa, Asia, etc. The article further states that there is a need to look at how best to cater to the IT spend which is growing at a percentage slightly higher, in fact, significantly higher them the growth rate of the GDP and within that, the extent of the growth of outsourcing market is growing even faster. He further added that the opportunities for Indian IT across the globe have not been caused by immigration policies; they have been caused by a whole variety of socio-economic factors in several countries, by the demographics in those countries, by the kind of skills which are required and available in those countries and these are the factors which are propelling the industry.