Boom for Gujarat IT exports, Data says it!

January 19th, 2010 No Comments   Posted in IT in Gujarat, Vibrant Gujarat Summit

Information technology in Gujarat was always seen as a marginalised industry, thanks to the absence of large companies. But when major

IT hubs of the country were reeling under a slowdown in the West in 2009, Gujarat’s disadvantage turned into an edge. IT exports from the state have grown by an impressive 72% year-on-year in 2008-09. More »

$32.5 million investment in Azure Knowledge, an ITES player in the city

August 16th, 2008 No Comments   Posted in Development

Ahmedabad: Greater Pacific Capital (GPC), a London-based strategic investment firm has announced its $32.5 million investment in Azure Knowledge, an ITES player in the country and the largest BPO and KPO in the state of Gujarat.

The investment, which will be made over the next 12-18 months, is claimed to be the biggest investment in a 3rd party KPO in western India till date. This is following Azure’s successful acquisition of 49 percent stake in U.S. based Citizens Financial Mortgage in April 2008.


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