While Infosys disappointed the Street with most of its Q4 numbers, CEO Kris Gopalakrishnan is not worried about the road ahead. He speaks to FE?s Goutam Das on the company?s restructuring plans and Infosys 3.0 .

What kind of an impact have you factored in this year because of the disruption to manufacturing supply-chain caused by the Tsunami in Japan?

We believe it is going to be a normal year. There could be some ups and downs because of the volatility. Sometimes, decisions may get postponed because of the environment. But the budgets will get spent. This is what we have assumed in the guidance.

What explains the weak EPS guidance for the full year?

It is because of the investments in people . Our utilisation is going to come down and that is what we have assumed. Last year, we had projected 300 basis points decline and we were able to make that up significantly except for the currency impact. If you take out the currency impact, our margins are slightly higher than last year. ?If growth comes back, we will be able to sustain margins. We can?t predict currency impact and cannot offset it.

The restructuring at the company will result in ?Infosys 3.0?. What does that mean?

Over the years, our goal has been to start from a single service and then create multiple services and strategic relationships with our clients. We started with application, development and maintenance, primarily providing technology solutions. The goal there was to establish the global delivery model as the next way in which services should be delivered. In 2.0, it was applying the GDM to multiple services so that we can engage with large enterprises and create multi-million dollar, multi-year, multi-service relationships. Having done that, we have to now see if we can add more value and become strategic . We are today relevant at the enterprise level ? on the operations side, in transformations and on the innovation side. ?This is Infosys 3.0.

Why do you have to consolidate verticals? Give us a flavour of the new ones.

There will be five verticals going ahead ? BFSI, manufacturing, energy and utilities, retail, logistics and life sciences and public services and healthcare. We are not exiting any sector. We are strengthening them and adding more. ?As we grow, we have to club verticals together for managing it.