With great pleasure I welcome you to the 17th Annual General Meeting of your Company.We have come along one more year of moving ahead in emerging opportunities in global anddomestic markets. India continues to consolidate its position as the global hub for ITservices enabling digital transforming for clients and domestic markets getting boost withdifferent initiatives on "Digital India" and "Make in India". Webelieve by leveraging our domain experience in technology and significant presence in therapidly growing Telecom IT and IT enabled services will provide good opportunity toenhance our business spread.
We are living in times of great global transformation and as the needs andrequirements of corporations around the world change we at IKF continue to adjust oursails to catch the right winds into the future.
Over the period we have built competitive advantage by combining domain expertisetechnology analytics and knowledge management. This has helped us to deliver complexservices of consistently high quality. We have responded quickly and stayed agile to beahead of larger and more established competitors. We have also focused on niche servicesto access new clients capabilities and geographies.
This approach allows us to present our clients with year-on- year cost savings andincreased value generation. In turn this has led to industry-leading return ratiosoperating margins and enviable cash conversion records.
We remain very positive about the long-term future of our business.
Companies embracing digital will have enhanced agility and efficiency putting themahead in the race. It is these companies that will be able to sustain themselves in thecontext of volatile market conditions and geopolitical issues. Today it is not aboutmaking a choice it is about how soon the choice is made.
IKF is geared to play the role of a strategic consultant implementation partner andenabler. The team at IKF is ready with its vast experience deep technology expertise andproven capabilities in enabling customers successfully navigate through the digital worldof today and tomorrow.
On behalf of Companys Board of directors I would like to acknowledge and thankeach and every one of our IKF family members for their dedication to work for yourCompany.
Against this backdrop we thank you once again for your support and encouragement andlook forward to continuing our growth and performance.
Date: 2nd July 2016