IBM CEO Arvind Krishna has reiterated that the company taking the initiative to extend its operations and services in the country. Currently, the company employs close to 380,000 people serving clients in 170 countries and India has the highest number of IBMers outside of the US states a key research and innovation hub for the tech giant that set up its first office in the country almost 26 years back.

During a virtual media interaction, Arvind states, "We have a lot of collaborations in India and the regulatory framework promotes export of our services from the country."

He further adds, "We are really proud that we provide services to the country's private sector banks, public sector banks, telecom companies and organisations in various other sectors. The Indian market is very vibrant. To leverage this market further, organisations will have to have robust digital infrastructure which present an opportunity for us, as without digital infrastructure, organisations will find it hard to take their services to wider audience."

As IBM spins out a new company, Arvind recently said that it will have a separate leadership team in India. However, people working for IBM India need not worry as the IBM CEO said that he expects the employees to be accommodated in one company or the other.

"I do not expect the creation of the new company to have any material impact in India," Krishna had told reporters in a call, adding that there will be nothing "controversial".

IBM will separate its Managed Infrastructure Services unit of its Global Technology Services division into a new public company.The yet to be named new company is currently codenamed "NewCo".

Krishna, who guides IBM's overall strategy in core and emerging technologies including Artificial Intelligence (AI), quantum computing, Blockchain, Cloud platform services, data-driven solutions and nanotechnology, has the task at hand to tap the growing talent pool in new-age technologies and leverage the true potential.