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MindTree records 90% growth

MindTree Consulting, an international IT and R and D services company, announced that it has achieved gross revenue of 55 million dollar in the fiscal 2004-05, recording 90 per cent growth over the previous fiscal. This was the first time that an Indian software services company had reached revenue of 55 million dollar within five years, the company claimed in a release. MindTree nearly doubled its revenue over the past year through aggressive expansion of its customer base in multiple geographies.