Hitachi System Micro Clinic eyes Rs1,000cr turnover by FY18

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Press Trust of India New Delhi
Last Updated : Dec 05 2016 | 9:22 PM IST
IT services and solutions provider Hitachi System Micro Clinic is aiming to clock three-fold growth in next two years and cross Rs 1,000 crore turnover by FY 2017-18.
The company, which provides end-to-end services and solutions, would also enhance its presence by opening more centers in the country to target the opportunities in Tier II cities.
"We would have over Rs 1,000 crore turnover from our Indian business by FY 2018. We are having phenomenal growth from the opportunities arising here," said Hitachi Systems Micro Clinic Managing Director Tarun Seth said.
The company had a turnover of Rs 350 crore last fiscal and is expected to end around Rs 650 crore this fiscal, he added.
"We are present at 18 locations in India and would continue to enhance our presence here," Seth said, adding that the company is growing with a 50 per cent CAGR.
Besides, the company headquartered in Delhi has over 180 service offices.
"We are presently employing 1,550 people and would have around 3,000 people by FY 2018," Seth added.
Hitachi had acquired majority stakes in Micro Clinic in 2014.
The IT service company, which was established in 1991 has completed 25 years.

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First Published: Dec 05 2016 | 9:22 PM IST

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