Facebook Twitter google+ RSS Feed

China IT Sector Still a Tough Market to Acquire: Infosys

By SiliconIndia   |   Monday, 16 June 2014, 12:52 Hrs
cmt right
Comment Right
cmt right
cmt right
Printer Print Email Email

BANGALORE: of late, the Indian IT industry, which has been eyeing the Chinese IT sector, will have to work harder to access into its market, said a top Infosys official.

The Chinese IT is no threat in overall terms because it is not yet investing big in the U.S. where Indian software firms are well entrenched, Rangarajan, who has been working in the Chinese market for the past seven years, told PTI in an interview, providing a broad view about the status of the Chinese software industry.           

Chinese IT companies are not investing in the U.S. as they are unable to understand the nuances of the market penetration and has given up their efforts making it secure for the Indian firms at least as of now, Rangarajan said. 

Penetrating into tier two banks in China, however, is possible as they are looking for alternatives beyond global companies, said Infosys China CEO Rangarajan Vellamore.

"The knowledge base of the Indian companies is strong, but the customer base of the Chinese companies is very strong in China. The question is how to penetrate the Chinese IT markets, which are not enamoured by the big names of India," he said.

Also Read:
Infosys Appoints New CEO, Attacks Media Houses

Infosys CEO-elect Vishal Sikka To Work Out Of U.S.

next new
Experts on SiliconIndia
Santhosh  K
Sr. Soft. Engg.
Oracle India
Nehal Vyas
Sr. Team Lead
Cyberoam Tech.
Rani Malli
Sr. Director
Sr. Executive
Vijay Balkrishna Konduskar
Business Consultant
Imans Web Tech
Dr L P  Sharma
Technical Director
Reena Khanna
Dellas  Asse
sys-network admin
Computer Station
Write your comment now
Submit Reset