INFORMATION TECHNOLOGIES INDIA Upwardly Mobile

The company followed its

diversification strategy to register a 209% growth during 1998-99, but slowed

down a bit in 1999-00. Nevertheless, it romped home with a revenue of Rs 237

crore to show a 67% growth. Its net profit also grew substantially to Rs 70

crore, up 93% from the 1998-99 figure of Rs 37 crore. And all the while, the

company was busy consolidating its market share in new technology areas of euro,

internet, computer

telephony integration, ecommerce, groupware, Windows CE and Palm OS, mobile-ecommerce

and contextual computing.

Information Technologies India Ltd (ITIL)

also identified mobile computing as the key area for future growth, and engaged

Andersen Consulting for assistance in setting up strategic directions and

for chalking out a business plan. Being one of the earliest players in India

with about two years of research and development experience in mobile computing,

the company is hoping to reap maximum benefits from a vast client base of 200

million internet users and 400 million mobile

users worldwide. And its portal, palmgreetings.com is the first step in this

direction. It is a site that enables users to send and receive greetings over

their mobiles.

ITIL also earmarked Rs 200 crore for growth through

acquisitions and new ventures. While the company is on its way to acquire

software development and service companies in the US, the UK and Africa, it has

also obtained an all-India class A internet service provider license with plans

to start services in 11 cities across the country. It also plans to float 22

portals with Indiai2I as the umbrella site. The company is further looking at

aggressively expanding its IT education business and increasing the number of

its education centers from nine to 100 by the end of the ensuing fiscal through

the franchisee route. DQct

Sheet

START-UP YEAR: 1976 PRODUCTS AND SERVICES: Software

development and export, ISP, portals, medical transcription, IT education l

BRANCHES: 3 EMPLOYEES: 734 l ADDRESS: Usha Bhavan, A 41, MCIE, Mathura Road, New

Delhi 110 041 TEL: 695 9000, 695 9200, 695 6300 FAX: 695 9999, 695 9697 WEB

SITE: www.itil.com