Tech Mahindra CFO: Europe investments will continue despite economic slump.
- Tech Mahindra CFO Rohit Anand said the company will keep investing in Europe and the US to meet growth ambitions during the winter.
- Anand said Tech Mahindra’s September quarter profitability fell 4% YoY due to continuous investment in growth areas.
- Anand adds that European sales and marketing investments have increased quarterly deal values for the IT giant. “If you see, a majority of our agreements originate from Europe,” he remarked. After Europe’s success, we’re doing the same in America.”