The revenue
increased by 17.5%, a marked improvement from the year before. One of
the
major growth drivers last fiscal was entering into the market of SAP
implementation and training, which added to Nortech's turnover. It
also opened branches in UAE and US during the year. Around 50% of
the company's revenue came from BFSI and education sector as it bagged
several high value business contracts from Mercedes Benz R&D India,
Bengaluru; Federal Bank India, Aluva; and Amrita Vishwa Vidyapeetham,
Kollam. The
subsidiary, Nortech Education, recently partnered with SAP India to
train
students in SAP software and plans to increase their exposure in the
area of operations
in software services for project monitoring and management and SAP
Implementations.
NEXT 25 SPs: NORTECH INFONET
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