Tata Elxsi eyeing USD 400-million revenue from global operations

December 01, 2009 04:21 pm | Updated 04:21 pm IST - Mumbai

Tata Elxsi, the visual effects and animation arm of the Tata group, today said it is envisaging revenues worth USD 300 to 400-million from global operations over the next three years.

The Bangalore headquartered company has charted out a global expansion plan and will open a new visual effects studio in Santa Monica, US, end this week.

The company has over 20 overseas offices and studios in Tokyo, Mumbai and the UK.

“We expect to get USD 300 to 400-million in topline over the next three years, and every year after that we intend to keep doubling it,” Tata Elxsi Managing Director, Madhukar Dev, told reporters here.

“We would open more centres in other parts of the world depending on the workflow coming in from the US and Europe,” Dev said.

The company which employs around 3,000 people, is currently working on five feature films for banners like Yashraj Films and UTV Motion Pictures. The company is also executing a few animation projects and has a project pipeline till July, he said.

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