Infosys, India’s second largest IT services company, on Thursday said it has signed an agreement with Ministry of Corporate Affairs to implement the second phase of the ministry’s e-governance programme, MCA21 v2. The contract worth about $50 million (approx. Rs 272 crore) will be implemented over a period of five years.
As a part of the contract, Infosys will revamp the existing application to enable it to be transformed to the next level. The company will also provide services, application support, and infrastructure operations for the project.
MCA21 portal provides the corporates and investors secure access to an array of services provided by the Ministry of Corporate Affairs. The MCA21 project has also introduced electronic filing eliminating the need for the filing of paper-based records among its Registrars of Companies and Regional Directors.
“MCA21 is a transformational programme which brought a lot of efficiency and enabled businesses in India. We expect the next phase of MCA21 to enhance the current solution and establish a model for what we like to call the ‘Transition and Transformation of Technology and Partner within Public-Private Deals’,” said Sanjiv Mital, CEO, National Institute of Smart Government.
Earlier this year, Infosys had won a large transformation project from India Post.