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Deccan Herald » Business » Detailed Story
Infy BPO to ink 4 deals worth $50-150 m each
New Delhi, PTI:
Infosys BPO, a subsidiary of Infosys, on Wednesday said the company expects to bag around four outsourcing deals worth $50-150 million each, across various sectors in the next three to six months.


The deals would range from various sectors such as telecom, banking and others, Infosys BPO Chief Executive Officer & Managing Director Amitabh Chaudhry told reporters declining to divulge further details.

“We have recently signed small deals worth $5-7 million each and are hopeful of signing 3-4 more deals worth $50-150 million in the next 3-6 months,” he said. The firm is also eyeing a revenue of  $250 million for the fiscal year 2007-08, he said. It has already recorded revenues of about $176 million in the first nine months of  last fiscal year. He said, the company is securing 15-25 per cent on renewed contracts.

Value chain

The company started working on integrating the IT-BPO solutions for the last 12-18 months, he said. Itis also betting big on the potential of the knowledge services industry in India, which is fast moving up in the value chain. Besides, it has also started legal process outsourcing.

The effect of the sub-prime crisis in the market will be “positive” for Infosys BPO in the long term, he  said, adding that,  for the short term there could be a possibility of a partial delay in outsourcing.

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