Mysore-based Raman Group aims to touch Rs 50 crore turnover by 2008. The
company is expanding strate-gically in all the verticals it is addressing-including
IT training, software and trading. "We want to grow into a corporate
company and the group is registering a strong growth year-on-year. Last year, we
closed at a turnover of Rs 12 crore and this year, we will close the books with
Rs 16 crore. Going by the current trends, the target of Rs 50 crore by 2008 is a
conservative figure," said SV Venkatesh, Director, Raman Group.
Raman IT Solution is the trading division that primarily focuses on HCL range
of products and is also into networking solutions. Recently, the company
expanded its business by entering into newer geographies. It opened shops in
Bangalore and Devan-gere. "Bangalore is a critical market for Raman Group,
although we are based at Mysore. Even before we ope-ned a trading office there,
we had been handling 50-60 percent of our business from Mysore. In the next
phase, we want to open a chain of retail stores," he said.
The company is also concen-trating on sub-distribution business and is
expanding its operations in the city. It is aiming for a presence in every
district of Karnataka. Initially, it will cover 15-20 districts in a phased
manner. "We are waiting for the WTO regime to see how market dynamics
change," said Venkatesh.
Raman International Insti-tute for Information Techno-logy (RIIIT) is their
training wing where it concentrates on graphics, hardware, network-ing and
programming. Having 24 centers across Karnataka, it is the training partner for
the State government in a World Bank funded project. "Recently, we tied up
with another gove-rnment department to offer training in BPO. Called BPO Skill
Assessment & Training (BSAT), the project is to deve-lop the talent pool in
Karnataka to attract more BPO companies here. We will be offering this program
in all major town and cities including Mangalore, Hubli, Gulbarga, Belgaum,
Shimoga, Devangere and Has-san, among others," he detai-led. Raman has
formed an exclusive division under RIIIT for this project. It is also into
innovative training concepts under IT@School program.
In software, Raman Infotech has two well-matured products-Edusys and Campus
Management Soft-ware (CMS) for educational institutions. It is also set to
launch its management software for nursing school.
S Gopikrishna
Chennai