CA Technologies eyes 50 pc growth from India operations

MUMBAI: Nasdaq-listed CA Technologies is bullish about India and is eyeing a 50 per cent growth in its operations here in FY 11, a senior company official said.

"We would grow about 50 per cent in FY 11 (India operations). The company's business grew by more than 50 per cent in FY 10, led by strong growth in Q3 and Q4 of FY 10," CA (India) Technologies Managing Director, Amit Chatterjee said at a conference in Las Vegas (US).

CA Technologies is one of the world's largest IT management software providers.

The company has identified five verticles- Government, defence, BFSI, telecom and IT & ITES for growth in India.

"We see opportunities in infrastructure, power and the defence. Telecom continues to be a strong vertical and BFSI is the largest IT spender in the country," Chatterjee said.

The company is also closely working with Government's ambitious Unique Identification ( UID) project.

"We are closely working with UID. There is a huge opportunity and we have the entire portfolio of solutions. CA is engaged in IT governance, IT management and IT security, which plays an important role for projects like UID," Chatterjee said.

In the last 10 years, CA Technologies India has built a strong customer base of 4,000-plus customers in both enterprise and the small and medium business (SMB) segment.