Fujitsu, which is the world?s fourth largest IT services provider but is still not a significant player in the Indian market, is open to acquisitions in order to grow its operations in the country. Satoru Hayashi, executive vice-chairman of the board, Fujitsu Technology Solutions, told FE that the company is considering the inorganic route for growth in the country. ?Acquisitions are always one of the options. That?s how we grow globally,? he said.
It is speculated that Fujitsu is in the race to acquire a majority stake in Patni Computer Services. However, the company?s India CEO refused to comment on any such plans.
Fujitsu entered the Indian market in the late 1980s in a joint venture with RPG group which was called Fujitsu ICIM. However, the two later parted ways.
?Fujitsu took a very cautious approach in the past in terms of entering the Indian market. Our current business is very small but we are now in the process of enhancing it,? said Hayashi. On being asked if the company is also looking at India as an R&D hub like many of its peers, he said that the company is open to the opportunities in the future. ?However, there are no concrete plans as yet,? he added.
As far as the current India operations are concerned, the company will not be going for the volume market but would rather focus on the enterprise and the government business segments in the country.
?Consumer is a large market but in terms of the product portfolio we have, there are more hi-end differentiated products and less of entry level range. We are focussing on consumers, but only for the hi-end range,? he said.
Pallab Talukdar, CEO, Fujitsu India said that the company is currently positioning itself as an infrastructure solutions company.
?Apart from providing the basic hardware, we are offering a software service led platform. This, according to us, is the need of the hour as many clients are in the process of optimising and consolidating their IT hardware,? added Talukdar.