BENGALURU: India’s second largest software exporter Infosys is seeing faster-than-ever growth in large customer accounts and is generating an average quarterly pipeline of $800-900 million from large deals. “Infosys is seeing faster-than-ever growth in large customer accounts and is generating an average quarterly pipeline of $800-900 million from large deals, chief executive Vishal Sikka said on Thursday, while reiterating his earlier forecast that Infosys would return to industry-leading growth in FY17. During an investor conference in San Francisco, Sikka said that for the first time in many years growth from large customer accounts is outpacing growth from the rest of the company. Infosys counts the likes of Bank of America and Apple among its largest customers. “Our growth in large accounts is quite encouraging. We have outperformed — for the first time in many years, our large account growth rate has exceeded the growth rate of the company, which is quite encouraging. Our deal wins have improved dramatically — we’re approaching $800-900 million a quarter in large deals. That’s more than double of what we used to do,” said Sikka, who last week was rewarded with an extended tenure as CEO and a big pay jump following Infosys’s forecast-beating performances during the last three quarters. Infosys, which as part of Sikka’s broader vision is aiming to become a $20-billion company by 2020, also will not sacrifice margins to chase growth, Sikka said. “We don’t believe in sacrificing margins for growth. We are on track to get to industry-leading growth in the next financial year. We want to be a global leader in the new kind of IT services,” said Sikka. “The renewal is growing well. And the bulk of the growth is coming from Renew and is going to continue coming from Renew in the near to mid-term,” he added. Sikka also said that Infosys would continue to focus on generating the majority of its revenues from services and had no intention of becoming a product company. “Just as software is eating the world as Marc Andreessen says, and every industry — software has to eat part of the services industry as well,” said Sikka. “I think services companies in general are not particularly good at writing software, certainly writing software for general purpose use. And the endeavor here is to not become a product company — that would completely miss the point. At a time when everything is becoming services, why would a services company want to become a product company?”