India's leading IT and BPO services provider Tech Mahindra is planning to set up its overseas BPO centers in the current fiscal year. Tech Mahindra is having a good number of international clients. As per sources North America is expected to be the most preferred location for the company to launch its new division.

Vice-Chairman of Tech Mahindra, Mr. Vineet Nayar has informed that the company is not focusing its business model only on the cost arbitrage. He has also revealed that the company has acquired a lot of technological and managerial knowledge during these days. It has the experience in this field. Hence it should definitely go for its international appearance this year.

The company can do much beyond what it is doing for the locals as per Nayar. He has accepted that there will be some issues while setting up the division outside India but it needs to deal with proper maturity.

Tech Mahindra has also declared its fourth-quarter financial results in which the revenue of the company stood at Rs 1,183 crore with a growth of 12.6 per cent YoY. The net profit was reported to be Rs 227 crore.