Monday, March 1, 2010

MindTree Steps up Efforts to Leverage Middle East IT Services Market

MindTree has announced that it is stepping up its efforts to leverage the growth of the Middle East IT services market, which is expected to hit USD 3.5 billion by 2011, according to recent reports from the Economist Intelligence Unit (EIU). Identified by the Company as one of its fastest growing regions, the Middle East forms part of MindTree?s ?Rest of the World? (ROW) market along with Japan, Australia and Singapore, which collectively contributed 10.8 per cent to its total earnings in Q3 FY ?09-?10. MindTree sees the Middle East region to play a key role in its plan to become a USD 1 billion organization.

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