FRANKFURT (Thomson Financial) - Tata Consultancy Services (TSC) will invest more in Germany in the coming months to use the country as a springboard to the rest of Europe, deputy head Natarajan Chandrasekaran told Financial Times Deutschland.
'We have three priorities in Europe: Germany, Germany, Germany,' Chandrasekaran told the newspaper in an interview.
He did not say how much the company will invest in Europe's biggest economy.
The company will use pricing pressure to win market share from its competitors International Business Machines Corp, Deutsche Telekom AG's T-Systems, Hewlett-Packard Co, Siemens AG and Electronic Data Systems Corp.
TSC, a unit of industrial conglomerate Tata, last year boosted sales by about 40 pct to 4.3 bln usd, making it India's biggest IT services company.
The company posts about 100 mln eur sales in Germany.
Chandrasekaran declined to comment to the newspaper on whether TSC may be interested in buying T-Systems, for which Deutsche Telekom is seeking a partner.
But he said the company may be interested in making acquisitions and has 'no financial limitations.' maria.sheahan@thomson.com mas/jlw COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.