{"id":890392,"date":"2024-12-23T10:00:43","date_gmt":"2024-12-23T04:30:43","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=890392"},"modified":"2024-12-23T10:00:43","modified_gmt":"2024-12-23T04:30:43","slug":"tech-mahindra-ceo-plans-to-take-this-route-to-close-gap-with-tcs-infosys-wipro-and-hcl-tech","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/23\/tech-mahindra-ceo-plans-to-take-this-route-to-close-gap-with-tcs-infosys-wipro-and-hcl-tech\/","title":{"rendered":"Tech Mahindra CEO plans to take this &#8216;route&#8217; to close gap with TCS, Infosys, Wipro and HCL Tech"},"content":{"rendered":"<p>Tech Mahindra CEO Mohit Joshi aims to significantly boost the company&#8217;s banking, financial services, and insurance (BFSI) business to close the gap with larger rivals who have traditionally generated more revenue from this profitable sector.<br \/>\nJoshi, who joined India&#8217;s fifth-largest software services exporter in December 2023 after a long tenure at Infosys, plans to increase BFSI&#8217;s revenue contribution to 25% by March 2027, up from the current 16%. This compares to some competitors in the $254 billion Indian IT industry who already derive as much as a third of their revenue from BFSI.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tech Mahindra CEO Mohit Joshi aims to significantly boost the company&#8217;s banking, financial services, and insurance (BFSI) business to close the gap with larger rivals who have traditionally generated more revenue from this profitable sector. Joshi, who joined India&#8217;s fifth-largest software services exporter in December 2023 after a long tenure at Infosys, plans to increase BFSI&#8217;s revenue contribution to 25% by March 2027, up from the current 16%. This compares to some competitors in the $254 billion Indian IT industry who already derive as much as a third of their revenue from BFSI.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-890392","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/890392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=890392"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/890392\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=890392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=890392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=890392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}