 "Vishal Sikka")
Infosys, India’s second-largest information technology (IT) services firm, seems to have dropped its ambitious target of increasing its revenue to $20 billion by 2020, as its Chief Executive Officer (CEO), Vishal Sikka, struggles to grow the business faster.
The company had set itself a long-term goal of $20 billion in revenue, 30 per cent operating margin and $80,000 revenue per employee by March 2021. Sikka’s compensation of $11 million was linked to this long-term goal.
Two former senior executives of Infosys said the company’s 2016-17 annual reports have not mentioned anything about the $20-billion revenue target, while two previous annual reports clearly
