Many Roads to Rome

There are many routes for Indian IT companies to develop sustainable business models away from domestic IT firms' obsession with the banking, financial services and insurance (BFSI) verticals and its traditional focus on application development and maintenance (ADM) services. Why you should buy KPIT Cummins? A different path: KPIT has consciously steered itself towards verticals like automotive, manufacturing, energy and utilities to drive revenues. Today, the automotive, transportation and manufacturing verticals bring in 71 per cent of its revenues. And KPIT's strategy seems to be paying off. Revenues grew 5.5 pe

This article was originally published on February 05, 2013.