ISI Emerging Markets Sees India As Key Revenue Contributor

Mumbai: | Updated: Sep 25 2003, 05:30am hrs
Euromoney institutional investor company, ISI Emerging Markets, has identified India as a key revenue contributor. ISI is a provider of business and financial information from across emerging markets. This includes categories such as news, company financials, macroeconomic statistics and industry reports.

Our revenues from India have doubled over the last three years, said ISI Emerging Markets CEO Brian W de Lacy, adding that India was the third largest contributor to the overall revenues of the company.

The emerging markets that ISI covers include India, Hong Kong, Hungary, Malaysia, Thailand and Indonesia. Our uniqueness is that we have a clear focus in the emerging markets sphere, added Mr Lacy.

The company has clients across business segments. Over time, we have to penetrate other sectors like the government to broaden our business base, said Mr Lacy.

On the specific growth opportunities for India, Mr Lacy pointed out that fundamentals like growth rates, a strong currency and the growth of the BPO (business process outsourcing) sector were positive factors.

ISI has licensing agreements for provision of over 7,000 publications on the service. It has a network of offices across Latin America, Europe and Asia. The Asia Pacific region to us remains the fastest growing region. To us, India and China are a big part of our operations, he said.

Emphasising that Indias advantage was in its skill set and huge talent pool, Mr Lacy said that ISI was bullish about garnering more clients in India.