US firm Nelson to enter India, eyes buyouts

Integrated services provider Nelson, which will launch its India operations later this month, is looking for inorganic growth in the country to expand its reach.

"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," D K Anand, regional director & country head, said.

"India's realty boom holds tremendous potential for us and we are looking to take advantage of this by providing services in strategies, workplace and information besides catering to the traditional portfolio of interior design, architecture and engineering," he added.

Nelson, which will set up a wholly-owned subsidiary, has already invested $5 million in India and is looking at expanding at a gradual pace.

"Initially, we would open our office in Delhi and then expand our presence across the country," he said. The company has clocked $50 million in revenues globally.