Asim Raina & Preety Raheja
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.