E-Infochips eyes 60% growth in turnover

The Santa Clara-based E-Infochips Inc targets to achieve a growth of over 60 per cent in turnover from Indian operations this financial year.

The company has a large offshore design centre in Ahmedabad. The company is a provider of design services, embedded systems and IP cores with a turnover of Rs 42 lakh as on March 31 this year.

"We are planning to end the current financial year with a turnover of Rs 60 lakh, a growth of over 60 per cent as compared to the last year. The company will target to achieve the growth rate of over 60 per cent every year for the next five years. Our methodology for offshore development projects has been a resounding success over the year and has been an important component in success of all the projects," said Pratul Shroff, president and chief executive officer, E-Infochips.

The company has specialised knowledge in design and verification, automated verification methodologies using physical layout and implication, filmware development and board design, the company said.

The company's India and US design centres have delivered embedded solutions to a variety of customers, increasing their cost-effectiveness, reducing their time-to-market and growing their market strength, the company said.

The company's customers include Broadcom, LSI Logic, Cisco, Sun Microsystems, Phillips and IDEO.

"The company was founded in 1995 to built an enduring, world-class electronic design services organisation to serve the customers globally and to lay the foundation for Gujarat's semiconductor and embedded systems industry. Today, the company employs over 150 design engineers and has offices in Santa Clara, Boston, California and Massachusetts in the US and Bangalore in India apart from the design centre in Ahmedabad," Shroff said.

The company was conferred the best software exporter award by the Software Technology Parks of India for Gujarat jurisdiction for 1997-98 and 1998-99, the company said.

Recently, Shroff was presented the 'IT Entrepreneur of the Year Award 2004' by Infosys chairman N R Narayana Murthy.

The award is instituted by the Jajoo-AMA Centre for Entrepreneurship to recognise individuals who have built a successful information technology organisation in Gujarat and have made a significant contribution to the industry with their leadership.

"The company has seeded technology education in the local engineering schools by active participation in curriculum development," Shroff said.