Nelson targets $10 mn India revenue; eyes M&As

US-based integrated services provider Nelson is targeting a net turnover of about $10 million in the next couple of years.

"There is tremendous potential in the Indian market and we do not see any reason why Nelson India would not be a $10 million company in the next couple of years," John Nelson Jr, president & CEO of Nelson, said today.

"We will consider mergers and acquisitions with similar companies to expand in the country. We have resorted to strategic mergers as part of our growth strategy globally and this will be a practice we would follow in the Indian market as well," he added.

The company has set up an office in Noida and will commence operations in Bangalore, Hyderabad and Mumbai in the next one year.

The company has recently forayed into the Indian real-estate space and would offer services in architecture, interior design, strategies, workplace services, engineering and information services.