The Hindu Business Line : US co Nelson opens office in Delhi

MR JOHN `OZZIE' NELSON JR., President & CEO, Nelson (right), with Mr Anand D.K., Regional Director and Country Head, at a press conference in the Capital on Wednesday. — Kamal Narang

New Delhi , Oct. 25

Nelson, US-based integrated solutions firm, offering services in architecture and interior design, announced the launch of its India based services with the opening of its office in Delhi on Wednesday.

"With India's economy growing at a rate of 8-9 per cent annually and the construction activity accounting for 50 per cent of the capital outlay, the forces are aligning for Nelson to have significant impact on the Indian marketplace," said Mr John `Ozzie' Nelson Jr. Initially, the company will launch its architectural and interior design services in the country and eventually be present in the other service categories such as information and workplace services by the second quarter of 2007.

Keen on other cities

After establishing an office in Delhi, the firm is keen on setting up operations in Bangalore, Mumbai and Hyderabad. The company is looking at India as the hub for its growth into other Asian countries and also West Asia. "We will be present in China, Japan, Australia and Mexico by the end of 2007," said Mr Amit Ramani, Director, Global Strategy and Innovation, Nelson.

"We would consider mergers and acquisitions with similar companies to expand in India. We have resorted to mergers as part of our global growth strategies, which will be followed in the Indian market as well," said Mr Nelson Jr.

"We have put together a team of 30 people in the last four months itself and this number would be increased to 40 by the year end. By this time next year, we would have a team of about 100 in place in India," the Nelson Regional Director, Mr Anand D.K., said.

The company is looking at clocking a global turnover of $50 million in 2005-06 and expects to clock $70 million in 2006-07. Mr Ramani said, "We expect 20 per cent of our revenues to come from the Asian market within the next three years."

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