Invensys consolidating Indian operations

By Sources   |   Friday, 04 February 2005, 20:30 IST
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HYDERABAD: Invensys is consolidation its India operations to hike its manpower and improve development works in India.Though the growth is insignificant, India emerged as a strategic base for software development and product support. A senior company official said the company ahs grown from 20 people to 220 people now and this will increase to 300 by year-end. ‘The Asia-Pacific market has emerged as a major focus area for the company and total revenues could go up from the present 15 percent. Japan continues to be a tough market constantly forcing us to up investments there; therefore we are currently focusing on China and India. We are focusing more on China with more manufacturing base for precision and control systems. When India is ready, we could consider manufacturing here’, the official said.