Infotech to step up presence in India, abroad

Hyderabad-based Infotech Enterprises Limited, a dominant player in the software space of engineering services and geographical information systems, is looking at expanding its operations to other locations in the country as well as open offices abroad.

BVR Mohan Reddy, chairman and managing director of Infotech Enterprises Limited, said that the company is looking at having operations in New Mumbai and Noida in the country and have offices in China and Australia.

"The company will also be opening a low cost development centre in the US most probably in Maryland," Reddy added.

According to him, all the new initiatives of the company are expected to come up in 2006. Infotech is also looking at expanding the company's existing facility in Bangalore.

The company on Wednesday inaugurated its new facility adjacent to the existing one in Madhapur. The 1.2 lakh-sq ft facility will house over 1,000 employees with 710 workstations.

"With the opening of the second facility, the company now has 2.5 lakh sq ft of office space which can house around 4,000 employees," Reddy said. Infotech during the current calendar year is looking at increasing its headcount to around 3,400 from the current 2,400 employees.

Reddy said that the company expects to close the current financial year at around $60 million and the target is to touch the $100-million mark by the end of next fiscal.

Responding to a question, he said that the company's own campus on the outskirts of the city will start only in 2006 since it has just finished the construction of a new facility.