NTT Group to merge 28 tech firms under one brand

NTT Group from October 1 will integrate 28 technology companies within the Group to form NTT Ltd, a $11-billion company to compete harder with larger competitors like TCS and Infosys.

Netmagic and Dimension Data will be the two large NTT Ltd companies with large operations in India.

“An integrated company will give us the firepower to compete more effectively for large IT contracts in India,” Kiran Bhagwanani, CEO, India for NTT Ltd, told BusinessLine.

“We’ll have 6,000 people, focussed on the Indian market. That makes us one of the largest IT services player serving the domestic market. We were already competing with large IT services players but now we’ll be able to compete better,” said Bhagwanani.