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IBM India Targets Banking, Telecom, IoT

IBM India Targets Banking, Telecom, IoT

In India since 1951, IBM India has expanded its operations with regional headquarters in Bangalore and offices across 20 cities. “The biggest growth for us is going to come from the financial services. We are going to consolidate telco and look at new revenue streams because telco is an industry that is turning on its head,” said Lula Mohanty, managing partner, IBM Global Business Services, India. “The third vertical which we are very interested in is what’s going on in the domain of the retail industry in terms of Internet of Things (IoT) platforms as a service on products,” she noted.

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The company announced a collaboration with the Telecom Sector Skill Council to boost emerging technology skills in India’s telecom industry. It is also in talks with state run NITI Aayog and other learning and development organizations to prepare a workforce for new-age technologies such as AI, Big Data and IoT.

Additionally, global consulting agency Bluewolf, an IBM company, announced a new practice in India with Salesforce, a San Francisco headquartered firm in the customer relationship management solutions.

Last updated: December 26th, 2025

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Amritt Inc. is a management advisory service facilitating trade between the world and India. Amritt was founded in 2003 and since then it has provided guidance to western companies in entering new markets, global strategy execution, finding and managing supplier partners, and establishing overseas offices. Our primary focus is in helping American, Canadian and European executives to attain success in India.

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