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PREFERRED DESTINATION

Article Abstract:

Pune is one of the most industrialised cities of India. Pune is likely to emerge as the software capital of India. The Pimpri- Chinchwad New Township Development Authority is setting up a software park in Pune. The city offers good industrial infrastructure, well connected road and rail facilities and high quality communication facilities. Several large Indian and multinational engineering and automobile companies have set up small and medium sized ancillary units. The other major industries in Pune are electrical, machine tools, pharmaceutical and chemicals, rubber, paper, plastics, glass and various packaged goods and agro-based goods. The Pune industrial region comprises 7,000 small, medium and large units. The number of listed companies in Pune has increased from 130 in 1990 to 298 by March 1997. Investment in the region increased from Rs3,200 crore in 1990 to 12,00 crore in 1996. Turnover increased to Rs26,500 crore in 1996. Between 1990-96, exports increased to Rs800 crore. (gsh)

Comment:

India: City of Pune maya emerge as software capital of India, as it offers good industrial infrastructure & commun facilities

Publisher: Bennett, Coleman & Co. Ltd.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998

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APTECH TO FOCUS ON SOFTWARE DEVELOPMENT

Article Abstract:

Aptech Ltd of Mumbai is shifting its focus from software training to software development. It proposes to post sales of over Rs1,000 crore by the end of the year 2001. It hopes to earn Rs560 crore through software development and Rs520 crore through training activities. During the first half of 1998, its earnings from software fell to 88 percent of the total income (98.5 percent during 1997). Aptech Ltd expects to earn Rs35 crore from software activities during 1998. (ag)

Comment:

Is shifting its focus from software training to software development

Publisher: Bennett, Coleman & Co. Ltd.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
Aptech Ltd.

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IL&FS VENTURE CAP TO INVEST IN MANMAR TECHNOLOGIES

Article Abstract:

IL&FS Venture Capital Fund has decided to cater solely to the requirements of software industry in Tamil Nadu. The company will participate in the equity of Manmar Technologies Pvt Ltd (MTPL) with an investment of Rs1.8 crore. MTPL develops software for health care industry. It has tied up with Wipro GE Medical Systems to develop ultrasound reporting and imaging software. (gs)

Publisher: Bennett, Coleman & Co. Ltd.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
Venture Capital Companies, Miscellaneous Intermediation, Use of Funds, IL and FS Venture Capital Fund, Manmar Technologies Private Ltd.

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Subjects list: Software, India, Article
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