Infosys will seize the momentum generated by the pandemic to clock a market leading performance, chairman Nandan Nilekani told shareholders on Saturday as he painted a promising future in an era of increased digital spending.

Nilekani was speaking at the company’s 40th annual general meeting (AGM). With enterprises stepping up their spending on activities such as cloud solutions, Infosys had benefited in the form of large deal wins, which stood at $2.1 billion during the January-March 2021 quarter. Big deal wins for the entire year stood at $14 billion.

For the current fiscal, Infosys expects revenues in constant currency terms to rise 12-14 per cent.

The Infosys chairman said the company posted an industry-leading, healthy revenue growth of 5 per cent in constant currency, totalling $13.6 billion in 2020-21. Further, its large transformation deals peaked to an all-time high of $14.1 billion.

“I want to assure you all that we will not rest on our laurels… we will seize the moment to build on this head-start to expand our market share further as we serve global enterprises in their digital acceleration journey.

“While a challenging 2020 has ushered in a 2021 fraught with uncertainty, one thing is clearly evident — Infosys is well-positioned for another year of market-leading performance in a post-pandemic, cloud-first, distinctly digital era. The dramatic shift to living and working online has altered the entire business landscape in irrevocable ways,” Nilekani added.

Nilekani added that over the last three-and-a-half years, Infosys has built a highly credible market position for itself as a global digital services and consulting provider for enterprises.

The Infosys chairman further disclosed that the IT services firm has continued to strengthen its talent pool by recruiting 19,230 graduates in India and 1,941 outside the country to serve its clients’ demand for digital acceleration.

“We continued to strengthen our talent pool by recruiting 19,230 graduates in India and 1,941 — both graduates and associate degree holders — outside India. We expanded our US hiring commitment to 25,000 by 2022 with an additional 12,000 new American jobs across a variety of roles,” he said. He added that Infosys will double the Canadian workforce to 4,000 employees by 2023.

In the UK, it has announced plans to create 1,000 digital jobs to fuel post-pandemic growth.

“While the pandemic put this to a test, the results we delivered, the resilience we have displayed and the brand strength that we have accrued clearly shows how well placed we are to thrive and to help our clients thrive in challenging but exciting digital-first markets,” Nilekani observed.