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Mindtree says it has right strategies

MINDTREE has said that the firm has the right strategies and a credible management to take it on the right path and that being innovative and flexible will help it win customers in a dynamic market place.The firm was responding to an article in The Economic Times dated January 21 which said that it faces an uncertain future due to strategic bets going wrong and slippages in performance.

Ashok Soota,executive chairman,and N Krishnakumar,the CEO and MD,have said that MindTree is an 11-year-young company,which has achieved a run rate of US$340m in revenues.You would appreciate that among the many IT services companies which started around the same time,very few of them exist today as independent companies or have completed an IPO.MindTree is one of the few exceptions.