Infosys Technologies has said it intends to raise the ratio of non-US and non-Europe revenues to 20 per cent in the next 4-5 years.
The statement comes at a time when the Indian IT industry's occasionally tough export markets are experiencing a protracted financial crisis.
The Bangalore-based IT service contributor currently derives 62 per cent of its revenues from North America, 28 per cent from Europe and 10 per cent from the rest of the world.
"For some time now, we have been changing the ratio of non - US business. We will continue to rebalance this. We have articulated that we will try to get it to a 40:40:20 ratio for North America, Europe and the rest of the world. That will happen in the next four or five years," Kris Gopalakrishnan, CEO of Infosys, said on the sidelines of the World financial Forum on Monday.
Labels: Infosys to shift focus from Europe, US



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