Actis Technologies targets Rs 60cr Maharastra AV market

Published on Thu, Nov 30, 2006 at 15:10 |  Source : Moneycontrol.com

Updated at Thu, Nov 30, 2006 at 18:12  

Like this story, share it with millions of investors on M3
0
0
Share on Tumblr

RELATED NEWS

Actis Technologies Pvt Ltd, the leading Audio Visual and Environment Control solutions provider in India today announced its expansion plans in Maharastra. As a part of this initiative it announced the opening of its regional office in Pune. The company also announced the appointment of its Branch Manager, Pune, Lt. Col. (Retd) Mahesh Kulkarni.

 

Actis' expansion plan is the result of sustained growth in the Maharastra region. The size of the AV industry in Maharastra (excluding Mumbai) is expected to touch 150 crores by 2010. Actis has already provided AV solutions to numerous clients in the region including Honeywell Automation, Persistent Systems, Veritas Software, Ramdas Hospital, Patni Computer Systems, Sandvik, Bank of India, National Insurance Academy, Satyam Computer Services, Symbosis Institute of Business Management and Ventura amongst others.

 

Actis currently has 500 partners across India of which 22 partners are from Maharastra (excluding Mumbai). This includes partners from the office automation, audio visual & information technology community. The company plans to appoint 75 additional partners in Maharastra (excluding Mumbai) by 2007.


Abhimanyu Gupta, Director, Actis Technologies, commenting on the expansion plan said, "The AV industry in Maharastra is experiencing strong growth from IT, ITES, Manufacturing, Defence, Education and Residential sectors. With Pune taking its rightful place as a major economic center of India, it was our obvious choice of location to serve this region. This strategic location will help us respond faster to the needs of this region." Speaking on the occasion he further added that "Actis is all geared up to expand its team significantly in the region as it churns out new business opportunities."

 

Mahesh Kulkarni will spearhead the expansion in this region. He has enormous experience in organizing and deploying resources during his earlier stint with the Indian Army.   

 

Sourced From: Adfactors Public Relations Pvt Ltd

  

Trending News

Business News

Indian PC market growth sluggish in Q1; Lenovo tops the list
Reebok execs named in Rs 870 cr fraud denied anticipatory bail "Reebok execs named in Rs 870 cr fraud denied anticipatory bail"

Rel Comm Q4 Cons Net Revenue Up 5% At `5,310 Cr (QoQ)

The latest earning numbers FIRST on CNBC-TV18
Videos

May 25 2012, 22:26

NHPC posts profit amid capacity addition, delay woes

- in Results Boardroom

Interviews

May 27 2012, 11:52 | Source: CNBC-TV18

Expect to maintain EBIDTA margin ahead: Wockhardt  

May 27 2012, 11:00 | Source: CNBC-TV18

e-commerce market in India: What's in store?  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!