It was a year of new beginnings for this IT consulting and services firm. For one, the company started consumer electronics as an additional vertical in their R&D services, while extending supply chain services to cover ERP as well. They entered the Middle East market along with expanding presence within Europe, whose contribution increased from 6% in the previous fiscal to 17% this fiscal. A country manager for India was appointed during the fiscal in keeping with plans to reach more of the domestic market. Mindtree also put in place an IP policy and filed for their first patent during the year.
Entertainment and Hospitality comprises 36% of total revenues
Got out of the red-showed first profit ever of Rs 2.6 crore in profits, after fiscal 03's loss of Rs 7.4 crore
l CMD: Ashok Soota l Startup year: 1999 l Products & services: Software services and IT consultancy l Branches: 8 l Employees: 1030 l Address: 42, 27th cross, Banashankari, II stage, Bangalore 560070 l Tel: 26711777 l Fax: 080-26714000 l Website: www.mindtree.com
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It was a year of new beginnings for this IT consulting and services firm. For one, the company started consumer electronics as an additional vertical in their R&D services, while extending supply chain services to cover ERP as well. They entered the Middle East market along with expanding presence within Europe, whose contribution increased from 6% in the previous fiscal to 17% this fiscal. A country manager for India was appointed during the fiscal in keeping with plans to reach more of the domestic market. Mindtree also put in place an IP policy and filed for their first patent during the year./dq/media/post_attachments/3a1052f83cc42a01649e6e6728e9898f44afd0fe49079e2a2838d22455f62b5e.gif)