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Indian outsourcers might leave US

by on30 August 2007


Infosys too dependant on Americans


India's second largest software service company, Infosys Technologies wants to reduce its dependance on US customers.

The company said that the dollar is so weak that there is little point trying to sell its services there.

It wants to cut the share of U.S customers to 50 percent from 63 percent of the company's revenue now.

According to the Mint newspaper, Infosys will instead looking to increase its sales in Europe to 30 percent of its output and customers in other parts of the world to 20 percent.

More here.

Last modified on 30 August 2007
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