KPIT Technologies increases growth guidance

Software firm KPIT Technologies, which works primarily with the automobile industry said it expected a strong demand environment in the auto industry to continue and revised its organic growth guidance to 23% from 18-21% guided earlier. The company said that it was seeing broad based organic growth across practices, let by strategic clients.

“Software is at the heart of the transformation that the mobility industry is witnessing. KPIT’s position as a leader in this transformation is leading to consistency in performance and long-term visibility of growth,” said Kishor Patil, Co-founder, CEO and MD, KPIT.