Contenders for Emerging India Awards- Infrastructure, ITES
Published on Fri, Jul 04, 2008 at 12:31 , Updated at Fri, Jul 04, 2008 at 18:36
Source : CNBC-TV18
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Infrastructure Category Chhattisgarh based BSBK was started in 1966 and has a revenue growth of over 50% year on year. It constructs and develops residential complexes. This hidden gem in India's construction sector began by doing something very humble, manufacturing spare parts for Bhilai Steel Plant. Today it services SAIL, Tata Steel and NTPC to name a few. That's the first nomination in the infrastructure category. Another company which is racing ahead with a 40% annual growth rate is Microqual techno from Mumbai.The telecom products maker has raised 10 million dollars in private equity funding. It also provides passive microwave components and mobile telecom solutions. ARCOP was started in 1985. Six architects in Montreal, Canada decided to form an architectural cooperative known as ARCOP. The delhi branch has been redesigning India's landmarks like the Indira Gandhi International airport and the Mughal Sheraton hotel at agra. That's our third nomination in the infrastructure category in Agra. ITES Category In the ITes category, first comes Hyderabad based Cambridge Technology Enterprises. CTE is an outsourcing company dedicated to serving the midsize enterprises, started in 2001. In a seven year span, the company has garnered 180 customers worldwide. The other nominee is Impetus Infotech. Started in 1991, this company provides software solutions. Today, it's revenue is growing at a rapid pace of more than 80% year on year. Last but not the least is, Newgen Software Technologies. Started in 1992, Newgen began providing content management solutions to enterprises. This at a time when most other IT companies invested in mainstream products. Today Newgen works in companies across 30 countries. The Emerging India awards will be unveiled in London on July 8 and presenting the awards will be Commerce Minister, Kamalnath and India's steel tycoon, LN Mittal. (Note: E-18, which owns Moneycontrol.com and Indiaearnings.com, belongs to the Network18 Group)
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