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Wipro sees potential in France
NirmalBang Research
19-Mar-2010 at 14:04 IST

Indian IT services provider Wipro has said it is keen to expand its footprint in France as the country offers huge potential for growth and has stepped up its investment in the region.

Wipro believes that sales opportunities are huge in France for an IT outsourcing company.

The French government has undertaken series of measures in recent years to make it easier and more profitable to do business in France. These far-reaching reforms have changed the equation for existing companies and new investors.

France is a large under-penetrated market for offerings that take advantage of the global delivery model. But more critically, some of the world’s biggest and best corporations represent France.

This highlights the efforts of Indian IT companies at spreading their geographical reach to newer markets in a bid to reduce their revenue dependance on US, especially post the global crisis.

Wipro is trading at Rs.726.65, down 0.28% on BSE at 13:55 IST.

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