British telecom giant BT aims to increase its revenue from India to more than 130 million pounds in the next three years and boost its offshoring jobs in the country by 50 percent, according to one of its top executives. BT's current income from India is reported to be less than 52 million pounds.
"We are concentrating on big corporate companies, the ones which are investing in India and Indian companies who are drawing outwards," Andy Green, chief executive, BT Global Services, said in a media interview.
"Companies like Infosys Technologies and Wipro need exactly these services to drive their business forward and that is our real focus in India and will remain so," he told the Daily Post, Liverpool.
Green said BT was supporting several business process outsourcing firms in India and planned to move a significant number of jobs to the country as its business grows in the Indian market. It has about 12,000 employees in India.
Green was recently in Mumbai to attend the stock market debut of telecom and software services firm Tech Mahindra, a joint venture between BT Group and India's Mahindra & Mahindra.
The joint venture company reportedly raised 52 million pounds in the IPO. BT plans to invest more than 5 million pounds in setting up a research centre in the country, he told the newspaper.