We aim to touch $1-billion mark by the end of FY13

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Shruti Ambavat:  Feb 15 2013, 04:04 IST
Engineering heavy-weight Larsen & Toubro’s IT solutions provider, L&T Infotech, is looking to grow its business post restructuring itself into two divisions, services and industrials. The company’s two newly-appointed chief executives, Mukesh Aghi and Vivek Chopra, spoke to FE’s Shruti Ambavat on how do they plan to leverage the L&T brand and reach the number one position.

What is the way forward, post the restructuring exercise?

Mukesh: The whole objective of two CEOs is about working closer to the customer. I have a set portfolio of verticals and so does Vivek. We are getting to know our customers better and see what their needs are and finally go up the value chain.

Vivek: Restructuring was for higher level of focus and we aspire to be a tier-1 company. We are going to touch a $1-billion mark by the end of the current financial year. The intent was to make one plus one become hopefully three for the company. Both of us have worked in similar industries and backgrounds and would like to work together in planning how to take the company ahead.

With two new heads, are other operations seamlessly collaborated?

Vivek: We have our delivery centers in Toronto, Costa Rica and Ireland. The deliveries are customer centric and verticalised based on customers and geographies. We operate as two unified divisions under L&T Infotech.

How do you see the pressure on margins due to pricing pressure?

Mukesh: Pressure on pricing is normal; the focus is to provide better value to the customer.

Vivek: You have to move up

... contd.

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