Rediffmail Money rediffGURUS BusinessEmail

Infosys draws roadmap for 25 years

August 12, 2005 15:10 IST
Source:PTI

Software giant Infosys will scale up its operations, products and services drastically to emerge as a 'truly multinational corporate entity' in the next 25 years, its Chairman N R Narayana Murthy said.

Speaking to reporters on the sidelines of an analysts' meet organised to mark the silver jubilee celebrations of Infosys in Hyderabad on Friday, Murthy said: "We will be alive to all market possibilities in products and services."

There are many plans in the drawing room. "We have set our road ahead for next 25 years with a strong adherence to our value systems and expanding business models," he added.

Stating that Hyderabad would find the top spot in Infosys' expansion plans, Murthy said about 4,000 to 5,000 professionals would be hired there.

"We are also looking for another 300 acres land for expansion," he said.

On product profile, Murthy said banking solution Finacle was being strengthened to meet the requirements of global market.

"We are growing at 30 per cent now. The biggest challenge is to grow while maintaining the profit and other aspects intact. Business models will come and go. But our value system will guide us," Murthy said.

"We are determined to obsolete our own innovations rather than those of our competitors," Murthy said, adding that he would rather welcome competition always.

"I want all Indian companies to grow. Always there will be new opportunities to those who try to see them," he said.

On China, Murthy said, "No company involved in the IT industry can afford to ignore China in view of the large demand and supply dynamics. For Infosys too, China is important."

The company is always open for acquisitions "as long as we came across a candidate that fits our criteria," he said.

Infosys Chief Executive Officer Nandan M Nilekani said there would be new offering on the services front.

"Services are very important from customer point of view. Our consulting wing is doing well. We will add more in future," he said.

Consulting, non-voice BPO, testing services are some of the priority areas, he added.

"Our business model is now being followed by global players, who once showed the path. Now it is our turn to lead," Nilekani said.

Source: PTI
© Copyright 2026 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

WEB STORIES

13 Fanciest Stores In The World

5 Winter Sweets To Keep Warm

8 Hottest Places in India To Visit This Winter

VIDEOS

NewsBusinessMoviesSportsCricketGet AheadDiscussionLabsMyPageVideosCompany Email