market-oriented, technology-powered,
global services company


" I expect the company to grow from Rs. 600 million per year to Rs. 800 million in 2005, the additional growth coming from services "
- Manpreet Singh

 

 
Manpreet Singh, MD, MZI
" MZI provides opportunities for growth, wealth creation and freedom to excel "

How would you describe in one sentence the current fundamentals of MZI ?

MS: A fast growing, young dynamic group straddling the entire IT space. A unique organization dealing in products, Systems Integration (SI) services, Facilities Management (FM) services and professional services.

What were the milestones/achievements of the last calendar year?

MS:

  • Entry into healthcare outsourcing with a strategic investment into that area.
  • Picked up a large shared services outsourcing contract from a US company.
  • Strategic investment from a US based partner and set up of full fledged US marketing offices in Florida and New Jersey.
  • Signed a joint venture with the Punjab government for a Private Public Partnership (PPP) project.
  • Professional services (software) have developed into a full fledged profitable business entity.
  • Gotocustomer Services Pvt Ltd (GTC) picked up some prestigious manpower outsourcing contracts and grew to an average of Rs. 20 million per month.

What sort of growth/opportunities do you see in the year 2005?

MS:

  • The traditional business of hardware sales has been augmented with the addition of top class managers with a special focus on growing the services business.
  • The shared services contract sourced shall get into operations this year and shall start scaling to a 100 seat operation.
  • The US offices will start operating and business should start flowing in

In short, I expect the company to grow from Rs. 600 million per year to Rs. 800 million with the additional growth being in services.

What are the revenue projections for the current year?

MS:

Business Line Revenue projections in million Rs.
MZI 800
GTC 280
SME Business Services 10

What is the current manpower strength of the MZI Group? How will it grow by end of December 2005?

MS:

Business Line Current manpower strength Planned manpower strength by Dec 2005
MZI 300 600
GTC 1400 2000
SME Business Services 1 25

What would be the shape of the international operations in the calendar year 2005?

MS: Should contribute Rs 200 million in areas of BPO, software services and healthcare.

Give one good reason why each and every employee should stay with the MZI Group.

MS: Growth, wealth creation opportunities and freedom to experiment and excel.

 
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