| Topic : Domestic Market Opportunities in Indian IT-ITES |
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Source : http://in.news.yahoo.com
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3 comments
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last activity : 07 06 2010 20:18:04 +0000
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Wed, Aug 19 05:01 PM
Infosys Technologies, India's second-largest IT services exporter, has bid for more than 10 large government projects in India as part of a drive to lower its dependence on the U.S. market, an official said.
Infosys, which gets more than half its business from the United States, plans to generate $1 billion in revenue from the Indian market in 2-3 years versus an insignificant level now, the head of its India business unit said.
Thanks for sharing this valuable piece of information with me joshi sir and good news,
I think there is huge untapped domestic demand for it and ites and they should look beyond us market. Telecommunication, financial and banking sector, airlines, retail, government, media etc all offer ample opportunities. Also in the export area we are facing tough competition from other low cost outsourcing options like brazil etc.
With many new additions to the verticals and considering the growth rate of India, yes this is good news.
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3 comments on "Infosys bids for over 10 govt deals"
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Commented by
varsha, technical manager(QMS)
| 08 20 2009 03:47:22 +0000
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Padmanabhan R, Finance student
| 08 19 2009 16:56:09 +0000
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SB DIKSHIT, STATE QUALITY MONITOR, U.P.R.R.D.A
| 08 19 2009 15:42:27 +0000
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