Business Standard

Tech Mahindra eyes up to 60% revenue from US in the next four years

US is going to see a muted growth, not recession in 2023-24: Tech Mahindra

Tech Mahindra
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Shine Jacob Chennai
Information technology (IT) services firm Tech Mahindra on Friday said that the firm expects to increase US’ share in its total revenue to 60 per cent in the next four years, from around 47.9 per cent currently.

The firm added it is in the process of hiring more people, and that the US is going to see a 'muted growth and not recession' in 2023-24.

Lakshmanan Chidambaram, President (Americas), told Business Standard the company also expects its revenue to grow by 8.8-9 per cent during the current financial year, driven by a rise in total contract value.  “Our prediction is that there

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First Published: Feb 16 2023 | 8:01 PM IST

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