Sikka Opens up Infy-nite Possibilities for IT Giant
Infosys grows at 9.1% in 2015-16 but expects to do much better next year and is on path to become an industry trendsetter again
Bengaluru: With a strong quarter, a good year and the forecast of even better times, Infosys Chief Executive Officer Vishal Sikka on Friday signalled the return of a pattern of normalcy at India’s second-largest software services company. By growing at 9.1% in 2015-16, Infosys did not beat the industry average—that is expected to be 12.3%, according to Nasscom—but said that it would do better than most this fiscal year, and Sikka, especially, reiterated that he was making strategy with his eyes on the far horizon which is rapidly closing in.
It may take a few months before the DC3 arrives in India as it’s undergoing certifications in the UK that will enable it to be flown over. The aircraft may fly at the prestigious Farnborough show in July.
Sourcing parts for the aircraft, although still in service in parts of the world, has not been easy and the engines have had to be completely rebuilt. Chandrasekhar refuses to say how much the restoration has cost.
The relatively smaller Tiger Moth was restored for around Rs 1 crore while the HT-291 cost the air force over Rs 2.5 crore. While not many vintage DC3s are available in the global market, one listing of a restored 1944 DC3 pegs it at close to $5 million. India did have a set of DC3s at the Sulur air base in restorable condition until the mid-2000s but these were subsequently sold as scrap.
More recently, in 2015, India handed over a DC3 in nonworking condition to Bangladesh to be displayed at a museum. The aircraft played a significant role in the 1971 war as well, with several major missions to induct troops during the Bangladesh war of liberation.