Business Times

India's Zensar targets Rs. 1 bln from SL in 2 years

Indian IT company Zensar is anticipating its first project in Sri Lanka in the next two months. Additionally, it also expects to grow its local presence to encompass a Rs. 1 billion revenue target over the next two years, according to the company's Vice Chairman and Managing Director, Dr. Ganesh Natarajan.

Dr. Natarajan also suggested this two-year target would likely be achieved through local sales, through partners Hemas Holdings and Digital Dynamics, in areas such as SAP, Microsoft collaboration software, shared services (back office, human resource functions, etc.) and even small and medium enterprises. Further, its local operations would eventually entail a delivery centre which would initially employ 50 to 60 staff in the managed services domain which will be later ramped up to as many 200. This centre would support delivery of managed services to other markets as a part of Zensar's Rs. 1 billion two-year plan for its Sri Lankan operation.

Also revealed by Dr. Natarajan was that Zensar had already met with many heads of large local companies as well as university and government officials including the Education Secretary. All towards offering managed services to existing private companies as well as promoting connected education systems for government deployment and even capacity building for IT industry talent through universities and other local organisations.

Dr. Natarajan's comments were made at media briefing ahead of a Zensar morning presentation to CEOs, CIOs and government officials on the topic of "Business Transformation through IT" held on January 28 in Colombo.

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