Mindtree Analyst Meet Note - Focused 4x4x4 Strategy To Expand Its Breadth, Depth: Dolat Capital
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Dolat Capital Report
Mindtree Ltd. re-emphasized on its 4x4x4 strategy wherein it expects sustained traction in its key specialized area, while expect incremental traction from new areas wherein it is extending its expertise both in terms of geographies (Japan – leverage parentage access, Continental Europe – looking for increased offshoring) as well as verticals (healthcare).
Healthcare is emerging as key vertical as it is getting increased attention with players across verticals converging their existing capabilities that overlaps with healthcare, thus expanding overall market opportunity (eg: retail players getting into pharmacy chains, tech companies getting into wearables, consumer packaged goods getting into personal care and manufacturing clients focusing on medical devices).
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