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Infotech Enterprises is planning to expand its operations to Tamil Nadu

23 Sep 2011 Evaluate

Infotech Enterprises, a leading Global Engineering Services company, in planning to expand its operations to Tamil Nadu to set up its auto practice business either in Chennai or Coimbatore. The Company is also expecting to have 10,000 associates by end of this year.

Further, the company is eyeing turnover for 2011-12 to be around Rs 1600 crore with a growth rate of 25% and Quarter on Quarter 5-7% increase in revenues and 16-16.5% in operating margins for the year.

Infotech Enterprise is a leading global engineering service company. The company provides services to a wide range of industries - aerospace, rail, automotive, marine, energy, plant engineering, utilities, telecom (operators), government, retail, consumer electronics, medical electronics, semiconductor telecom (manufacturers) and computing industries.

Peers
Company Name CMP
TCS 2079.30
Infosys 1035.00
HCL Technologies 1246.00
Wipro 159.50
Tech Mahindra 1539.00
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