Bangalore based In4velocity Systems, a leading provider of Real Estate and Infrastructure solutions, has announced that it has partnered with GENPACT (NYSE:G), a global Business Process Management company, for a 5-year contract, to provide it’s market leading product ‘In4Suite®’ as the product platform of choice, for the Development of the Durgapur Airport, currently underway.
Bengal Aerotropolis Projects Ltd (BAPL), a specialist company engaged in the development of Aerotropolis projects in India, had selected GENPACT as the service partner giving it a 5-year contract which in turn has partnered with In4velocity Systems to provide the product platform for managing the construction, sales and leasing of the Aerotropolis.
“We are excited to work with BAPL to realize the plans of executing an exciting and challenging development project that is coming up in Durgapur” said Mr. Rahul Chawla, CEO, In4velocity Systems.
“Our experience of working with over 130+ Developers across India and the Middle East would be brought to the table. This combined with the service capability of GENPACT will provide our customer BAPL with market leading capabilities in the space of Project Execution and Management, along with Sales and Leasing experience. We look forward to working with them and getting the system live quickly” added Mr. Rahul Chawla.
“We are pleased to have In4velocity System to partner with Genpact in providing us with innovative solution for a specialized set of requirements for this unique project” said Mr. Subrata Paul, Director & CEO, BAPL.
Bengal Aerotropolis Projects Ltd (BAPL) is developing India’s first set of Airport Cities – ‘Aerotropolis’ in Durgapur by utilizing the best elements of international urban design and operational efficiencies through strategic alliances and partnerships. BAPL’s Aerotropolis project, in Durgapur, is expected to be operational by 2011-12. The Aerotropolis project, which is expected to be completed in a span of 5 to 7 years, will involve a total investment of approximately Rs.10,000 crores through various strategic development partners. Changi Airports International (CAI) of Singapore has taken a 26% stake in BAPL and CAI CEO Wong Woon Liong and Deputy CEO Eugene Gan have joined the BAPL board.
About In4velocity
In4veloctiy is India’s leading provider of Real Estate and Infrastructure management solutions. It has over 130+ clients with 14,000 users across India and the Middle East. It works with clients like RMZ Corp, Hiland Group, Shrachi Group, Ideal Group, Kanakia, Marathon, Orbit Corp, Jaypee Group, etc. in automating their processes via its product platform In4Suite across Construction Management, Sales, Leasing and Property Management. In4velocity is head quartered in Bangalore, India with a market presence in over 11 cities in India and the Middle East.
About BAPL
Bengal Aerotropolis Projects Limited (BAPL), which is developing the Aerotropolis project, has entered into a joint venture development agreement with West Bengal Industrial Development Corporation Limited (WBIDC), for developing an Aerotropolis comprising an airport, an industrial park, a logistics hub, an information technology park and a township in the Durgapur-Asansol region of Bardhaman district in West Bengal. The project aims to attract about US$2.2 billion of investments through various strategic partnerships and investments. It will be home to approximately 61,000 people and will generate over 86,000 direct & indirect employment opportunities.
