Satyam looks to ride growth wave in Asia, Australia

Published on Tue, Jul 22, 2008 at 08:34 |  Source : Business Line

Updated at Tue, Jul 22, 2008 at 08:54  

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Mumbai, July 21

Satyam Computer Services intends to decrease the US component of revenues by riding on the growth momentum in geographies such as India, West Asia and Australia.

The Hyderabad-based company is working on a plan to have a 50:50 mix, wherein revenues from the US would contribute 50 per cent to the company's topline from the current 60 per cent, according to Mr Ram Mynampati, President, Commercial and Healthcare, Satyam Computer Services.

"It is no secret that US market is facing a lot of challenge and is in a state of change. For the next few quarters, we expect greater growth to come from non-US markets," he told journalists on the sidelines of an informal meet, here on Monday.

The West Asia and India operations of the company have been growing at more than 100 per cent.

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