BANGALORE(PTI): A Rs 150 million hundred per cent export oriented Indo Canada joint venture software exports company will be Set up at the ‘Software Technology Park (STP)’ in the city of Bangalore by International Comptech Engineering Services (ICES).
The company, promoted by Canada based Soft tech Management Services (SMS) and YMC project technologies, India, expected to achieve a turnover of Rs 210 million in the first year, Rs 250 million in the second and Rs 270 million in the third year, SMS President, Paul Hewitt, told re porters here. Operations were expected to commence in October and the company would export packaged software for special construction and integrated engineering solutions and extended reverse engineering services through satellite for global operations.
Article extracted from this publication >> September 16, 1994
