Advertisment

BPL to have 4 ODCs in Bangalore

author-image
CIOL Bureau
Updated On
New Update

BANGALORE: BPL Telecom Ltd., the networking and info-tech arm of the Rs 4,300

crore BPL group, is planning to have four offshore development centers (ODCs) in

Bangalore. Out of the four ODCs, one development facility will be opened in the

next three months and the other three are in the planning stage. The first

center will have around 750 professionals though the company refused to divulge

more details about other ODCs and the investment part.

Advertisment

Speaking about future plans, BPL Telecom CEO V N Bhattacharya said that the

company would focus on infotech business, which comprises telecom business

solutions, enterprise solutions, system and embedded software and engineering

software. "We are targeting IT business worth Rs 700 crore in the next four

years. The revenue for telecom and IT would be Rs 1,270 crore by 2004," he

added. BPL has a wholly owned subsidiary at Atlanta in the US. It is also

looking at the Japanese and European markets and targeting 100 per cent exports.

The company has partnered with Mitsui, Japan, for marketing IT services in

Europe.

Bhattacharya said that BPL Telecom would target the US brown goods industry,

auto industry and design houses which plan to outsource projects. It plans to

leverage its domain strengths in telecom, manufacturing and engineering services

and achieve rapid growth through its ODCs–overseas as well as in India–and

establish marketing organizations in the US, Europe and South East Asia.

The networking business is mostly domestic and the company has bagged an

order from the Maharashtra State Electricity Board to set up voice and data

network infrastructure worth Rs 14 crore over high voltage lines to power

distribution companies, which will be used for the Dabhol Power Project. The

company has projected a revenue of Rs 779 crore and profits of Rs 165.7 crore

for the year ending March 2003. For 2000-01, revenue and profits have been

projected at Rs 245 crore and Rs 34.9 crore respectively.

tech-news