Korean IT firm seeks JVs with Indian cos

Bhaskar Hazarika

NEW DELHI: Korean IT services company SK C&C is eyeing Indian IT services firms for a global foothold.

SK C&C is an affiliate company of the SK Group. The company offers end-to-end outsourcing services to telecom, BFSI and public sectors in Korea. The company has also been associated with Bharti Airtel for launching the ‘Airtel SongCatcher’.

S.K. Yoon, president and CEO, SK C&C told CyberMedia News that the company is looking to partner with Indian IT services and telecom companies to expand its operations globally.

“We have already started discussions with Indian companies for partnership and will be announcing something soon. We have set up an office in New Delhi and are looking forward for strategic partnerships with Indian companies,” he said.

Yoon said that the company would leverage the expertise of Indian It companies and talent pool and expand its offering in IT outsourcing and BPO portfolio through collaboration with specialized Indian firms.

“This will enhance the business capabilities for both the companies to get a foothold in the global market. Most of the Indian companies are eyeing a global footprint. There are companies which are facing problems in entering the China and the Korean market, partnership with us will help them leverage that business opportunity,” Yoon said.

The company is looking for joint ventures with Indian companies for business expansion.

“We are in talks with most of the Indian companies and will be announcing our partner within six months from now. We have formed a working level committee to looking to partnerships and joint ventures in India,” Yoon added.