KUALA LUMPUR: Tech Mahindra Ltd, one of India’s top five information technology giants, is planning to double the size of its Malaysian operation in the next three years, said its vice-president and head for the Asean market Ram Ramachandran.

“Our Malaysian operation has been growing at a steady rate of 25% to 30% year-on-year, which literally means that in three years we will be double in size,” he told a media briefing.

He said Tech Mahindra sees Malaysia as a unique offshore destination to serve its global customers as well as attract global projects.

“Malaysia is growing into [one of] the top five outsourcing destinations in the world. The availability of a talent pool and the multi-lingual capabilities of the people make Malaysia extremely attractive as a location to offer global services.”

The Indian IT giant currently has its Global Solution Centre in Cyberjaya with approximately 600 staff. This is Tech Mahindra’s largest global development centre outside of India that serves as a major technological development and software support facility for global operations.

Ramachandran said that while the company has no concrete expansion plan in the pipeline, “we have an ambitious task of doubling our revenue. We are exploring and looking at both organic and inorganic ways of growing, which means even acquisitions or mergers or investments into certain organisations. We are open to that channel of investment too”.  

As part of this ambitious expansion plan, Tech Mahindra will be launching a Centre of Excellence for Digital Enterprises in Malaysia in the next two or three quarters. The centre will focus on the creation of intellectual property in the network, mobility, analytics, cloud and social (NMACS) space, as well as research and development activities.

This article first appeared in The Edge Financial Daily, on January 24, 2014.