SATYAM Computer Service Ltd aims to cut the revenue contribution from the United States following the financial crisis and increase income from Europe and Asia Pacific, India's fourth biggest information-technology and software services provider told Shanghai Daily yesterday.

Satyam, which has set up a new center in Nanjing, Jiangsu Province, plans to have a total of 2,500 employees by 2011 as part of its expansion in China, from 1,000 presently. The new staff will work in Shanghai, Nanjing, Beijing and Guangzhou, according to Raghvendra Tripathi, Satyam China's chief.

Satyam plans to cut down the US revenue contribution from 60 percent to 50 percent within about three years, following the bankruptcy of Lehman Brothers and Bank of America's takeover of Merrill Lynch, said Virender Aggarwal, the firm's director & vice president in charge of Asia Pacific, Middle East, India and Africa.

"Our business is less influenced (by the US crisis) as we focus on the manufacturing and retail sectors. We have noticed we are no longer so dependent on US (clients) and we have to diversify," Aggarwal said during an exclusive interview in Shanghai.

Europe accounts for 20 percent of Satyam's revenue now and Asia Pacific, especially China, is "the fastest region in profit growth," said Aggarwal.

Satyam is not the only Indian IT company to expand in non-US markets.

Infosys, India's No. 2 IT service provider, has announced an agreed offer for Axon, valuing the United Kingdom-based business transformation and SAP specialist at 407 million pounds (US$753 million).