HCL Technologies banks on Govt deals

The country’s fourth largest information technology services provider, HCL Technologies, has turned its focus to the Indian market. The company expects to increase its revenue from the domestic market, largely from Government business. Competitors like TCS and Infosys have been getting revenues from the Government segment through projects such as Passport Seva and other e-governance initiatives.

“HCL Technologies is internally aligned now and with businesses like Oracle Practice and SAP, it is gung-ho about getting businesses in India. It has good account management also as compared to earlier days,” Sanchit Vir Gogia, Chief Analyst at Greyhound Research, said. He said more deals would come in future in the IMS and cloud services in India, given the firm’s experience in overseas markets including the US and Europe.

To read the Full Article, click here: Hindu BusinessLine

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