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Mindtree charts plan to enter $1 bn revenue club

IT company will finalise strategy in three months

MUMBAI: MindTree, a midsized information technology company, will set itself a definitive target date for joining the billion-dollar revenue club in the next three months.

The company posted revenues of $185 million in FY08 and, assuming it maintains the upper end of its 24%-29% revenue growth guidance, it would take about seven years for MindTree to become a billion dollar organisation.