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Media Information
Infotech to hire 2,000 staff this fiscal

Published & Updated as on - 2010-08-20

Infotech Enterprises Limited, a Hyderabad-based technology solutions provider offering engineering and geographic information (GI) services, is looking at hiring 1,500-2,000 professionals by the end of the current financial year, backed by its growing business from its existing clients across verticals. The company employs 8,000 globally.

“The hiring will be a combination of all the domains that we have currently, including engineering and GI. We see more traction coming in and we would certainly like to have more on the board,” said B Ashok Reddy, president (global HR and corporate affairs) of Infotech.

He was speaking to mediapersons on the sidelines of the ‘HR Conclave – Talent building for emerging India’ organised by the Confederation of Indian Industry (CII) in Hyderabad on Friday.

Reddy said the visa row has had any impact on the company as of its total strength, less than 50 per cent were under L1 and H1B visas. “We currently have 780 people on rolls in the US of which about 250 could be under L1 and H1B. In the case of Wellsco, which we acquired recently, all the 180 resources are locals. We are safe in there,” he added. Source: BS 21/8/10Infotech signs pact with SNIST

Infotech Enterprises Limited, a city-based technology solutions provider offering engineering and geographic information services has signed an MoU with SNIST (Sreenidhi Institute of Science and Technology).

According to Infotech’s campus connect initiative, the chief objective of this MoU is to jointly work for the purpose of enhancing the quality of technical education imparted to students of SNIST in different streams like BS, Programme in Electronics Engineering Technology (Avionics), BTech, MTech. (mechanical, electronics,) in the avionics segment and other branches associated to the nature of projects carried out by Infotech, a release said in Friday. Source: BS 14/8/10

Infotech partners with college

Infotech Enterprises Limited, a city-based engineering company, has signed an MoU with Sreenidhi Institute of Science and Technology as part of its campus connect initiative. It is aimed at enhancing the quality of education in avionics-related streams. Source: BS 14/8/10

Infotech Enterprises' arm buys US-based Wellsco

Engineering services provider Infotech Enterprises today said its US-based arm has acquired the Arkansas-based firm Wellsco Inc for an undisclosed amout.

The acquired entity Wellsco provides network engineering and management and related services to the telecommunications industry, the Hyderabad-based firm said in a filing to the Bombay Stock Exchange.

Shares of Infotech Enterprises were trading at Rs 168.45 on BSE, up 4.47 per cent from previous close. Source: BS 10/8/10

Infotech HAL inks tech pact with Nasmyth Group

Infotech HAL Limited, a 50:50 joint venture company between Hindustan Aeronautics Limited (HAL) and Infotech Enterprises Limited, has entered into a technological alliance with UK-based Nasmyth Group Ltd, a precision-machined component and equipment supplier to the aerospace, healthcare equipment, oil instrumentation and specialist automotive industries.

The alliance with Nasmyth will address manufacturing and design, as well as reverse engineering of mechanical and electromechanical products for applications in both the Indian and global markets. It will be supported by the design and systems integration facilities of Infotech HAL and the comprehensive machining, assembly, surface treatment and testing facilities of Nasmyth, Infotech HAL chief operating officer Mathew Chacko said.

“The alliance will provide the global aerospace industry with comprehensive and fully integrated design and reverse engineering facilities for products, sub-systems or assemblies. We will primarily target OEMs in emerging economies,” Chacko said.

Nasmyth Group Limited, a group of 12 companies, is an international supplier to the civil and military aerospace sectors. It offers design, production and process design and planning, manufacturing, assembly, system integration and product support services across the fields of precision mechanical and electro-mechanical engineering.

“We will jointly work on design as well as redesign of aerospace components. Any patents will be held jointly by both groups. Many OEMs are currently faced with a huge backlog of legacy spare parts for the engine and other components, which require redesigning. We will also focus on build-to-design services for aerospace majors. The long term plan for this alliance is to set up a R&D centre though it is too early to talk about it right now,” Chacko said.

The partnership with Nasmyth will supported by Nasmyth’s manufacturing and Infotech HAL’s procurement facilities and integrated supply chains. Nasmyth’s facilities in the UK, Europe and the US will help match prototype, legacy or mainstream production requirements of aerospace manufacturers.

Aerospace OEM giants like Boeing, Rolls-Royce and General Electric are increasingly turning their attention from component manufacturing to systems integration. Entering into agreements with aerospace engineering firms for design-to-build services enables the big OEMs to reduce their systems integration costs and improve their risk-sharing profile.

Bangalore-based Infotech HAL has a 30-member team of highly skilled technologists at its development facility in Electronic City. The company’s solutions involve conceptual design, redesign, manufacture and production of aerospace modules, systems or components together with manufacturing management.

Infotech HAL also provides specialist services covering aerodynamic and mechanical design, structural, stress, thermal and rotor dynamic analysis, aeronautics, computational fluid dynamics and combustion studies, together with digital mock-up, testing, analysis, control system design, development and software applications. Source: BS 14/8/10

Infotech starts operations from Vizag SEZ facility

Infotech Enterprises Limited, a Hyderabad-based engineering and geographic information services provider, on Monday commenced operations from its new special economic zone (SEZ) facility in Visakhapatnam.

The new facility is the company’s sixth development centre, with the other five being at Madhapur and Manikonda in Hyderabad, Bangalore, Noida and Kakinada, and its first in an SEZ and second in a Tier-II town. The Visakhapatnam development centre, housed in a five-acre campus, has a built up area of 75,000 sft for accommodating 750 seats. The facility will house around 500 associates in Phase-I.

The centre will be working on delivering engineering services and solutions to Infotech’s customers in the offshore and marine segments, which include engineering of semi-submersible rigs, jack up rigs, drill ships, bulk carriers, construction support vessels, pipe lay barges, offshore supply vessels and dredgers. The engineering support provided from this centre will encompass all functional areas such as naval architecture, structural, mechanical, electrical and instrumentation.

“As part of our strategy to expand our operations in Tier-II cities, Vizag came as the obvious choice due to availability of highly-skilled resources, its infrastructure and lower cost base compared to Tier-I cities. This development centre will add a new dimension to our operations in India in providing high-value services to our customers globally at competitive rates,” Infotech chairman and managing director BVR Mohan Reddy said in a press release. Source: BS 29/7/10

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