BT bosses are happy now with the way they are going in India. BT has remained in India since 1995 and it has a strong partnership with Mahindra and the join venture between them is known as Tech Mahindra Ltd. The shares of of Tech Mahindra got listed in Mumbai Stock Exchange today and the shares attracted many people. The performance of the company in the share market was very impressive. So, BT bosses are delighted and Andy Green chief executive officer, BT Global Services, told Reuters that his company was expecting to see healthy growth both in terms of revenue and increase in the number of work force. BT is expecting to double its work force to 24,000 within 3 years from the current figure of 12,000. On the other hand, it is expecting to increase its revenue to $250 million from the current earning of less than$100 million.
There is every possibility of BT doing well in India as Indian economy is growing rapidly. BT is going to offer broadband Internet service to corporate customers. Andy Green has ruled out of any possibility of catering the individual consumer. Well, I am not so sure about it because in cities like Bangalore, Mumbai, Delhi and Hyderabad there are many people who would love to have high speed broadband Internet service in their home and they can afford it too. So, only time will tell if it is a wise decision or not.
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