Monday 2 September 2013

Infosys plans to increase share of domestic business to 3%

Infosys is planning to raise share of revenue from domestic market to 3% by 2015 by focusing more on private sector, according to reports.

Infosys's domestic business accounted for about 2.6% or Rs 9,616 crore in the June quarter.
Media report said that IT company has 50 domestic clients, but 70-80 per cent of its local business comes from the public sector.

InfosysBSE -0.28 % domestic business unit head C N Raghupathi said, "The IT projects in the government sector have their own nuances. These are long durational and transformational projects.

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