The annual Satyam analyst meet was held in Mumbai this morning. Amidst concerns of a slowdown in the US economy, the company is quite bullish, both on volume growth and the pricing environment. CNBC-TV18 brings in the key takeaways from the meet.

The company's management expects the stability in IT budgets to continue. They feel that attrition levels will continue to be a concern, but they expect a more broad based growth in the coming years.

The management states that they have divided Europe into five distinct regions in order to bring focus and they expect Europe outsourcing to grow to about 4 billion euros by 2009.

The company will focus on integrated engineering services and infrastructure management services. There has also been a broader acceptance of their global delivery module.

The company management states that their dependence on the US is down from about 85% to 60% and billing rates will be stable for FY07. They also mention that the response from the Asia-Pacific region has been good.