Advertisment

Techniche to enter Nepal by mid-April

author-image
DQW Bureau
New Update





Advertisment

After tasting success in

deployments in Bangladesh and Bhutan, Techniche Consulting is

planning to foray into Nepal by mid-April, hoping to increase its

revenue. “After the political scenario in Nepal cooled down with

some stability in place, we are fully launching our services in the

country. This would of course increase our Saarc revenue by 20%,”

said Satish Choudhary, director, Techniche Consulting.

The company will be

focusing over government projects and supplies besides local private

units in Nepal. Techniche Consulting is already deploying, as well

as, supplying to government projects in telecom, banks and the

educational verticals in Bangladesh besides the regular SMB projects.

However, in Bhutan, its deployments are limited only to the

government vertical.

With the planned venture,

Techniche Consulting will have an international presence in three

Saarc countries, although it will not go for a direct representation.

Explaining Techniche's plans to foray into the Saarc region,

Chaudhary added, “Four years back, we had to take a decision over

expansion of the company and had two choices at hand; either to

expand across India or focus over the neighboring countries in East

India which we agreed upon.”

Further, according to the

company, the factor of apartheid against eastern companies across

India is supposed to have also played a part. “We thought it is

better to focus over international market as in India, companies

based out of the East are generally ignored in the national realm;

partly on account of the stagnancy in the East and the way these

companies function,” he said.

Techniche Consulting is

presently having an annual gross revenue of Rs 16 crore calculated on

TC methodology. Out of this CR, the company has claimed to have drawn

about Rs 5 crore annually from its international ventures. However,

the company is not opting for billing from India to have a pricing

advantage in these locations. Instead, the orders are routed to the

principal company which does the billing either from Indian

warehouses or South-East Asia, primarily Singapore and the

surrounding countries.

Advertisment