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BackTech Mahindra Seeks Organic Growth Amid Industry Struggles
Tech Mahindra Seeks Organic Growth Amid Industry Struggles
NEWS
Economic Times49 minutes agoBusiness1 min readIndia

Tech Mahindra Seeks Organic Growth Amid Industry Struggles

Chief executive Mohit Joshi says focus is on accelerating profitable deals rather than large acquisitions.

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Tech Mahindra is focusing on organic growth and profitable deals instead of large acquisitions, CEO Mohit Joshi told ET in an interview, as the IT services industry faces challenges expanding revenues and margins.

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Why It Matters

Tech Mahindra is India's fifth-largest software services company and part of the Mahindra Group.

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Tech Mahindra, the Mahindra Group’s IT arm and India’s fifth-largest software services company, is seeking to reverse its fortunes “organically” at a time when the technology services industry is struggling to expand revenues and margins and betting on large acquisitions for scale.

Chief executive Mohit Joshi told ET in an interview that post-acquisition integration is hard and his focus is on accelerating profitable deals, with a growing share

Open Questions

  • What specific steps is Tech Mahindra taking to drive organic growth?

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Topicsmohit joshiit servicesmahindra grouprevenue growth
This article was originally published by Economic Times.

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