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Infovision Plans Rs 400-Cr Investment By Next 3 Years |
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Written by Kaiden_Regal
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Monday, 09 April 2007 |
For increasing its infrastructure and training people, Infovision will invest Rs 350-400 crore by next three years. It also anticipates a topline of Rs 1,000 crore during the same time period.
The company will also raise its total workforce to 12,000 by March 2008 from the current 7,000.
Aditya Gupta, Infovision Group President said, “We will invest Rs 350-400 crore in the next three years on hiring and training people, expanding our infrastructure and setting up new centres across the country.”
Mr. Gupta added the company is aiming an expansion of eight times in its earnings at Rs 1,000 crore by March 2010 from Rs 200 crore at the moment.
“The domestic market is growing substantially and with our strong presence, we expect the company to grow 50 per cent per annum in the coming years,” he said.
In the domestic market, the company has around 30 clients and 12 in the abroad market.
The company has newly opened its novel centre in Delhi, and is planning to open three more centres shortly.
At present, it has eight centres crosswise the country and is expecting to twice this number in the next three years. The company offers its services in verticals such as health, FMCG and financial sector.
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