CA (formerly Computer Associates), the $4.27-billion global IT management and solutions major, has chalked out an ambitious growth plan aimed at doubling its revenue from the Indian market every two years, a top company official said.
"We have drawn up a strategy called 'double-double strategy' early this year and aim to double our India revenue every two years," CA Managing Director-India & SAARC Ninad Karpe told PTI here.
The company also intended to grow its A-Pac-Japan revenues to 15 per cent of its global revenues from the present around 12 per cent and "India will play a key role in this," he said.
CA's growth in the last four years in India, estimated at around 18-20 per cent, has been in line with market growth.
"With the market expanding and the company's own growth strategies in place, doubling revenue every two years "should not be a problem," Karpe said.
Going forward, a strong thrust would be given to new verticals such as retail, utilities and pharma, he said.
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The company has also adopted a partner-driven strategy to tap the 'enormous opportunities' in the market wherein it would only deliver products and leave implementation to its partners.
"We have identified retail, infrastructure, utilities, pharma and healthcare as strong thrust areas. We are already very active in e-governance space. We see a tremendous potential especially in utilities where the Government proposes to make huge investments," Karpe said.