Growth in Infosys - 1991 Reforms

The following is an excerpt from the book, "A Better India: A Better World" by N.R.Narayana Murthy.

Between 1982 and 1992, Infosys revenues grew from a paltry $130,000 to $1.5 million, a factor of just 12 on a small base over a period of ten years. However, after the reforms, our revenues have grown from $1.5 million in 1992 to a likely figure of $4.1 billion in 2008, which is a factor of 2,700 over a period of sixteen years! Today, we are listed on NASDAQ. We operate in seventy countries and have over 88,000 employees comprising over ninety nationalities. We have created over 2,000 dollar millionaires and about 20,000 rupee millionaires through our employee stock option plans. We have beaten every MNC in India to be voted the best employer, the best managed company, the best in corporate governance, and the best in investor focus.

We pride ourselves as a shining example of all the good things that came out of the economic reforms of 1991.