l&T Infotech, a subsidiary of larsen and Toubro limited (l&T), on Friday said it intends to expand its presence in the US and Europe and is in the process of augmenting its teams in high potential markets.
“While we intend to continue expanding our presence in the United States and Europe, we also plan to expand our geographical reach in other markets that we have identified as having potential, including Australia, Singapore, Japan, South Africa, India and the Middle East.
“We are in the process of augmenting our teams in these markets to further explore the opportunities therein,” l&T Infotech MD and CEO Sanjay Jalona said in a statement here.
In 2014-15, North America and Europe accounted for 68.6 per cent and 17.9 per cent, respectively, of its total revenues. “We have identified Germany and France as important markets for us going forward and we would like to enhance our capabilities and address gaps in language capability, industry expertise, technical expertise and geographic coverage in these countries.