Infotech Enterprises inaugurates its new facility in NOIDA

Hyderabad, September 22nd 2008 – Infotech Enterprises Ltd (IEL), a global technology solutions provider with headquarters in Hyderabad, India today inaugurated its new facility in NOIDA. The new facility was inaugurated by Mr. M.M. Pallam Raju, Hon’ble Minister of State for Defence and Mr.Som Mittal, President, Nasscom.  Mr. Alex Gerets from Tele Atlas’ global head quarters in Belgium was also present.

The four level facility has a built up area of 45,000 sq ft with 600 seats will engage up to 1000 associates. Infotech has invested over Rs. 20 crores on this facility.  The facility features a Medical and health support and space for recreation. This will be Infotech’s fourth facility in India; besides two at Hyderabad (Madhapur and Manikonda) and one at Bangalore (Electronics City).

Commenting on the occasion, Mr. BVR Mohan Reddy, Chairman & Managing Director Infotech Enterprises Limited, said, “This new facility in NOIDA is in line with our growth strategy.  It adds a new dimension to our pursuit of excellence in providing high value services to our customers”.
Infotech has been in Noida since acquiring the Indian operations of Tele Atlas in 2005.  Infotech’s association with Tele Atlas spans over fourteen years.  Last year, Tele Atlas renewed their association with another multi year contract.  At this facility, Infotech provides digital mapping and software development services to meet Tele Atlas’ requirements. Infotech would also be offering database services and software engineering to other clients. This new facility gives us a base to provide Engineering Services as well.
 
Speaking on the occasion, Mr. M. M. Pallam Raju, Hon’ble Minister of State for Defence said, “The Armed forces are working on enabling the end IT strategy and plan to ensure that the objective of network centric warfare is realized sooner. The defence offsets policy of the Government of India seeks to encourage Indian private sector towards defence production and supplies.  I am sure IT companies such as Infotech Enterprises would also address the felt need.”

Speaking at the inaugural event in NOIDA, Mr.Som Mittal, President, NASSCOM said, “On NASSCOM’s behalf we congratulate the Infotech team on the inaugural of their NOIDA facility. As the industry continues to chart its way forward, we will see more such expansion announcements and these are very encouraging signs. We wish the Infotech team all the best for their future projects.”

Infotech is planning to commence work in Engineering Services also at NOIDA and it will be ramping up all their associates’ base in NOIDA to 1500 nos. in less than a year. Another facility in NOIDA is being created in the SEZ with an investment of Rs.10 crores. This facility will be ready in the next six months. Infotech is also putting up facilities in SEZs at Vizag, Kakinada and Hyderabad in Andhra Pradesh.

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