EMN inks pact with MP govt for setting up IT Park in Gwalior

Australian IT firm E matrix Net (EMN) signs contract with MP State Electronics Development Corporation (MPSEDC) for setting up an IT park at Gwalior.

PTI | April 21, 2011



Australian IT firm E matrix Net (EMN) today said it has signed a contract with MP State Electronics Development Corporation (MPSEDC) for setting up an IT park at Gwalior.

EMN has commenced a contract wherein it will be availing the opportunities of MPSEDC-owned IT Software Technology Park at Gwalior, EMN said in a statement.

However, no investment details were provided.

"EMN has plans of deploying more the 10,000 Local Madhya Pradesh IT resources (personnel) in the coming five years," EMN Chairman and Managing Director Vishal Chipkar said.

Chipkar said EMN has a global clientele and foresees a huge potential in the Indian IT sector.

"The company has a work order of USD 47.50 million for their current software project at Gwalior from various clients and will be currently hiring more than 2,500 resources by 2012," Chipkar said.

MPSEDC is the state agency working towards promotion and implementation of IT and e-Governance.

It is the single-point of access to IT business opportunities in the state and encourages players in the field of IT to invest in Madhya Pradesh.
 

Comments

 

Other News

‘Oral cancer deaths in India cause productivity loss of 0.18% GDP’

A first-of-its-kind study on the economic loss due to premature death from oral cancer in India by the Tata Memorial Centre has found that this form of cancer has a premature mortality rate of 75.6% (34 premature events / 45 total events) resulting in productivity loss of approximately $5.6 billion in 2022

Days of Reading: Upendra Baxi recalls works that shaped his youth

Of Law and Life Upendra Baxi in Conversation with Arvind Narrain, Lawrence Liang, Sitharamam Kakarala, and Sruti Chaganti Orient BlackSwan, Rs 2,310

Voting by tribal communities blossoms as ECI’s efforts bear fruit

The efforts made by the Election Commission of India (ECI), over last two years, for inclusion of Particularly Vulnerable Tribal Groups (PVTG) communities and other tribal groups in the electoral process have borne fruit with scenes of tribal groups in various states/UTs participating enthusiastically in t

GST revenue for April 2024 at a new high

The gross Goods and Services Tax (GST) collections hit a record high in April 2024 at ₹2.10 lakh crore. This represents a significant 12.4% year-on-year growth, driven by a strong increase in domestic transactions (up 13.4%) and imports (up 8.3%). After accounting for refunds, the net GST

First Magahi novel presents a glimpse of Bihar bureaucracy a century ago

Fool Bahadur By Jayanath Pati (Translated by Abhay K.) Penguin Modern Classics, 112 pages, Rs 250 “Bab

Are EVs empowering India`s Green Transition?

Against the backdrop of the $3.5 billion Production-Linked Incentive (PLI) scheme launched by the Government of India, sales of Electric Vehicles (EVs) are expected to grow at a CAGR of 35% by 2032. It is crucial to take into account the fact that 86% of EV sales in India were under the price bracket of $2

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter