Infosys eyeing Tier-II cities for expansion

Infosys eyeing Tier-II cities for expansion
PTI
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First Published: Tue, Jul 28 2009. 01 18 PM IST
Updated: Tue, Jul 28 2009. 01 18 PM IST
Tiruchirappalli: Software major Infosys is eyeing Tier-II cities for its expansion once the global economy recovers from the current recession, a top company official has said.
The company had already established its units in tier-II cities like Mysore, Mangalore, Kochi, Bhubaneswar and Chandigarh, Infosys CEO and managing director S Gopalakrishnan said in a lecture at a meeting organised by the local unit of CII in Tiruchirapalli.
He said he anticipated the global economic situation to improve by the end of this year and IT activities would emerge on top as before.
Infosys had not lost even a single customer during the global recession, but could have lost some revenue from certain companies, he said.
As of now, North American clients accounted for 62% of its export revenues and European 26%, he said.
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First Published: Tue, Jul 28 2009. 01 18 PM IST
More Topics: Infosys | IT | CII | Technology | S Gopalakrishnan |