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BANGALORE (Dow Jones)–Indian technology outsourcing firm Tech Mahindra Ltd. (532755.BY) is looking for potential acquisitions in Latin America jointly with its software outsourcing unit Satyam Computer Services Ltd. (500376.BY) in a bid to bolster the two companies’ foothold in the region and cater to global customers.
“We’re convinced that if we really want to move into the Latin American market in a stronger way, we need to make an acquisition there,” Vivek Kalra, Tech Mahindra’s vice president for Americas, told Dow Jones Newswires in a recent interview.
The Latin American market offers big business opportunities to many Indian outsourcing companies.
Interview via Wall Street Journal
