Seems, global economic uncertainty is forcing IT companies to explore new markets. According to a latest update, the tech giant HCL is now focusing non-traditional markets like Japan and China for future growth of the company.
Shiv Nadar, Chairman at HCL Technologies has recently shared his views in an interview regarding company’s future plans. He said, “Non-traditional markets will drive HCL Technologies' next wave of growth”.
Without disclosing any numbers, Nadar further added, “The next big growth drivers for the company would be from newer geographies like Japan, China, Korea. These are big economies where HCL is not present in any significant way. I see these as huge business opportunities for the company and growth drivers in three to four years and beyond”.
Latest stats revealed that HCL Tech clocked 57 per cent of its revenues from the US, 27.9 per cent from the EU and 15.1 per cent from rest of the world in the quarter ended September 2012.
Nadar cleraly indicated that HCL is on growth path. He said, “The best of HCL Tech is yet to come as the new breed of young managers who have joined the company are very aggressive. They are going to be driving the growth story for HCL Tech”.
