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Samtech emphasizes on shop-floor to top-floor concept

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CIOL Bureau
New Update

Asim Raina & Preety Raheja

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NEW DELHI: Samtech InfoNet Ltd. is positioning itself as a specialist in IT

for manufacturing. In the words of, Samtech InfoNet managing director Alok

Gupta, "The emphasis will be on shop-floor to top-floor."

Alongside, Samtech is all set to reorganize itself. The company is planning

three different SBUs to cater to three different segments, which include e-biz,

network and data center and Engineering Software Services (ESS). Three different

people would handle the divisions individually.

ESS is a new division of Samtech and the company has already opened a branch

office in the US. And another office in the UK is on the cards. The company has

got $2 million funding from Citibank. Samtech expects to close the current

fiscal with a turnover of Rs 54 crore, same as last year. However, this is

expected to double in the next fiscal.

Gupta suggested that the company plans to have a meaningful name in the ESS

arena within the next two years. And then, an IPO will also be considered.

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