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Tuesday, Dec 07, 2021
Outlook.com
industry

Our Very Own G-4

The '90s liberalisation wave, new focuses help get these four industry giants into the billion-dollar club.

Our Very Own G-4
Jaychandran
Our Very Own G-4
outlookindia.com
-0001-11-30T00:00:00+05:53

To stretch the Sehwag analogy a little, Bharti has hit its own sweet 309. Its revenues are all predominantly earned in the domestic market. For the others, the overseas market generates an overwhelming part of revenues. "Ours is a rupee billion," points out Gupta, "had we earned our revenues overseas (telecom tariffs in the US are 25-30 cents a minute compared to India's 2-2.5), our turnover would be $3-5 billion."

The overseas market, though, is still an important ingredient in its billion-dollar recipe. Wipro and Infosys, being in IT services, had to test themselves in the global market since the domestic scene accounts for only a minuscule percentage of the global business. The software firms that did not, have lost out in the hard trek to reach this corporate peak.

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