• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Friday, July 11, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

More focused on private sector for India biz: Infosys

by Dipti Gore
July 21, 2015
in News
Reading Time: 2 mins read
0
More focused on private sector for India biz: Infosys

(Image Credits : foxnews.com)

TwitterWhatsappLinkedin
(Image Credits : foxnews.com)
(Image Credits : foxnews.com)

Bangalore, Jul 21 (PTI) : Infosys today said it is focusing more on the private sector than the government vertical, even though the latter makes up for a significant chunk of the revenues from its India business unit.

You might also like

Microsoft Outlook Outage Disrupts Millions of Users Globally

YouTube to Update Monetization Rules, Targeting AI-Generated and Repetitive Content

NASA Faces Major Brain Drain as Over 2,000 Senior Staff Prepare to Depart Amid Budget Cuts

India accounted for 2.2 per cent of the revenues of the City-based firm in April-June period, down from 2.5 per cent in the previous quarter.

“We have always had a selective strategy on India. So even on government projects, we look at it on a case by case basis and wherever it makes sense, we do bid for it.

“But we are focusing much more aggressively on the private sector and this quarter itself we had about five wins in the India business unit,” Infosys Chief Operating Officer U B Pravin Rao said.

He added that government sector is about 80-85 per cent of the India business.

The country’s second largest software services firm posted 12.4 per cent increase in its revenues for the first quarter of FY2015-16 to Rs 14,354 crore.

North America accounted for 63.2 per cent of the quarter’s revenues, followed by Europe (22.4 per cent) and rest of the world (12.2 per cent).

“As a percentage unit, it is (India) a small percentage of the business… It will take a long time for India to reflect on our numbers. So that’s where we are on India,” he said.

In a recent interview, Infosys co-founder and former Chairman N R Narayana Murthy had said that the company has not made any profit on government projects because of red-tapism and other issues.

Murthy had highlighted issues like delayed payments and changes in project requirements mid-stream and said government projects need to have clauses at par with international practices to ensure participation from Indian players and to make campaigns like Digital India successful.

Asked about his views on the matter, Infosys CEO and Managing Director Vishal Sikka said: “When you say the word India business, our thinking is that India business would be a good idea. Because if I was to answer that question, I would have said I am completely with Mr Murthy. But I am not going to answer that question.”

“Digital India and Make in India are extremely important initiatives but these are (at) very early (stage). At Infosys, we are committed to ensure that Digital India is an amazing success… I personally believe that digital is the future of India. India can not only embrace digital and virtual technology but help the world become more digital,” Sikka said.

He further said: “…the practices that we see in business today are far behind that and as Mr Murthy said the business climate has to improve and reflect that. But we have to separate the contribution to business from Digital India and Make in India from the business that we do in India itself.”

Tags: Indiatechnology
Tweet54SendShare15
Previous Post

India’s biz sentiment to remain subdued during Jul-Sep: D&B

Next Post

icustommadeit: A Platform Connecting ‘Dream-Makers’ to ‘Dream-Viewers’!

Dipti Gore

Recommended For You

Microsoft Outlook Outage Disrupts Millions of Users Globally

by Harikrishnan A
July 10, 2025
0
Microsoft Outlook Outage Disrupts Millions of Users Globally

On Wednesday morning, millions of users across the globe found themselves unable to access their Microsoft Outlook accounts, triggering widespread disruption just as the workday was beginning. Whether...

Read more

YouTube to Update Monetization Rules, Targeting AI-Generated and Repetitive Content

by Harikrishnan A
July 10, 2025
0
YouTube Experimenting with Ads that Play while Video is Paused

YouTube is rolling out an update to its monetization rules under the YouTube Partner Program (YPP) to target "inauthentic" content, a category that includes mass-produced and repetitive videos....

Read more

NASA Faces Major Brain Drain as Over 2,000 Senior Staff Prepare to Depart Amid Budget Cuts

by Harikrishnan A
July 10, 2025
0
NASA Faces Major Brain Drain as Over 2,000 Senior Staff Prepare to Depart Amid Budget Cuts

NASA is preparing for a significant workforce shift, with more than 2,000 senior-level employees set to leave the agency through a voluntary resignation initiative. The development comes as...

Read more
Next Post
icustommadeit: A Platform Connecting ‘Dream-Makers’ to ‘Dream-Viewers’!

icustommadeit: A Platform Connecting 'Dream-Makers' to 'Dream-Viewers'!

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?