HCL Technologies, one of India's largest IT infrastructural management companies, expects its business in the Middle East to start bringing in annual revenue of $100 million within two years, a company official said.

Senior vice-president Anant Gupta said the company was already operating in Saudi Arabia and expected to announce partnerships in Bahrain, Kuwait and the UAE within two months.

"By the last quarter of this year we should see something in Egypt," he said.

"We are looking at getting $100 million (in revenues per year) in the next 24 months. That's something we want to reach. "It will be Saudi, the UAE, Bahrain, Kuwait and Egypt."

The company earns total revenue of $1.8 billion a year from abroad, 55 per cent of it from the US, and $4.7 billion from all HCL operations, he said.

HCL Technologies runs information technology operations for companies, specialising in banking and financial services.