Tricom India expands its operational base in Nashik

Tricom India Ltd has announced its further expansion plans in Nashik. The Company has acquired 10,000 sq ft facility in Satpur Industrial Area in the same premises to its existing facility. This expansion will add 250 more employees to its existing strength of 400 employees in Nashik and will begin its operations by July first week.

The Company began its operations in Nashik in January 2007 with 10000 sq ft area with world class facilities and state-of-the-art infrastructure. With this expansion, the Company's headcount would reach to 650 employees with 20000 sq ft area under its belt.

Further to this, the Company has plans to acquire another 10,000 sq ft area with additional 250 employees; with this the Company eyes to increase its employee strength to 900 seatings with 30,000 sq ft of operational area. This expansion will take place in the second quarter of financial year 2007-08.

Commenting on the expansion plans, Mr. Chetan Kothari, M.D. of the Company said, "This expansion in Nashik will enable Tricom to widen its base in India and tap more opportunities available in overseas market for data processing. Also Nashik's proximity to Mumbai, its status as a developing city and also an upcoming IT hub appealed to us to expand our base in Nashik."

Currently the Company has offices with infrastructure of 29,000 sq ft and 20,000 sq ft across two locations in Mumbai, with an occupied capacity of 600-seats and 500-seats per shift. The Company has over 1700 trained employees contributing towards the growth of the Company.

Source : Equity Bulls

Keywords