Work is also on at Mangalore, Pune and Mysore. As a growing company we have to take a long-term strategic vision and the expenditure on infrastructure is part of this. It can take about 11 months to set up an office space and about a year to recruit from campuses. As you say, if we wait till things change for the better, we may find ourselves ill-equipped to meet the growing requirements then. Currently we have 1.67 lakh sq.ft of office space.
Acquisition is part of a very definite strategy.
We have to find a good company at a good price for that to happen. Alternatively, we are not keen to buy a company that does not have visibility for us to leverage or are not technologically robust. All rights reserved.