The Hindu Business Line : SGT investing $8 m for further expansion

Chennai, Aug. 13 SGT India Pvt Ltd, a software development and engineering consultancy company, plans to expand its India operations. The company offers services aimed at improving time-to-market.

“Targeted at small and medium enterprises, we develop and build software solutions to achieve operational reliability, enabling the SMEs go global,” said Mr Kumar Bashyam, Founder and CEO of the company.

SGT has invested $4 million so far and is planning to invest another $8 million in scaling up its operations here.

Global presence

The company has nine offices in the US, Europe and Asia with over 500 employees worldwide.

In India, it has offices in Chennai and Bangalore. SGT is planning to open two more centres in these cities very soon and may double its present headcount in India.

“Our expansion in India operations is very crucial to meet the demands of our clients globally. Being a player in offering strategic services such as engineering process services, it becomes imperative for us to have the best talent in the industry working with us,” Mr Bashyam said.

At present, SGT’s branding and marketing initiatives are focussed on attracting the best resources in the industry.

The company recently entered into an agreement with a leading German engineering company Mines & Metals Engineering GmbH.

As part of the pact, SGT will provide engineering services for MME’s proprietary process technology for its iron ore plants.