LTIMindtree to focus on real estate, cost and revenue synergies: CEO

LTIMindtree, the combined entity formed following the merger of Larsen and Toubro Infotech (LTI) and Mindtree, will focus on real estate, cost and revenue synergies over the long term, its top executive said.

The company, which has become India’s fifth largest IT service provider by market capitalisation following the amalgamation, may seek to rationalise real estate in case of duplication within the same cities, but for larger cities like Bengaluru, it would focus on setting up more satellite offices over the long term, chief executive Debashis Chatterjee told ET.