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KPIT

Sector: Residential • Location: India

Source: International Finance Corporation (IFC)

Project
Completed

_x000C_Founded in 1990, KPIT Cummins Infosystems Limited (KPIT or the company) is a fast growing Information Technology (IT) services company located in Pune, India and listed on the Stock Exchange, Mumbai. Based on a strategic relationship with Cummins, Inc., a large U.S. based diesel engine manufacturer, KPIT is establishing itself as a high end IT service provider for manufacturing firms, part

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The project “KPIT” is an infrastructure initiative in the Residential sector, located in India. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

Taiyo status

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Description

Description

_x000C_Founded in 1990, KPIT Cummins Infosystems Limited (KPIT or the company) is a fast growing Information Technology (IT) services company located in Pune, India and listed on the Stock Exchange, Mumbai. Based on a strategic relationship with Cummins, Inc., a large U.S. based diesel engine manufacturer, KPIT is establishing itself as a high end IT service provider for manufacturing firms, particularly with its embedded software, VLSI (Very Large Scale Integration) and SAP practices. The company’s strategy is to focus on the manufacturing and banking and financial services (BFSI) sectors. The purpose of the proposed project is to fund organic and inorganic growth of the company by providing financing for : - working capital; - the expansion of overseas’ sales initiatives; - the expansion of offshore facilities; and - future acquisitions in the BFSI space.

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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