TRS Forms targets Rs 100 cr turnover by 2020

TRS Forms and Services is targeting a turnover of Rs 100 cr by 2020, up over 3 times from the current year’s target of Rs 27 cr.

The company, a pioneer in providing solutions in Indian examination and registration space focuses on providing data centric solution for screening and validating documents in the education, corporate and government sector.

It has in the last 12 months expanded operations in the western and northern parts of the country. N Subramanian, Chief Executive and Managing Director of TRS Forms and Services says that the company plans to further strengthen its presence by expanding to markets such as Singapore, Dubai, US, UK, Australia and Greece in the next couple of years.

“The demand for innovative technological solutions to secure documents and make error-free examinations in the education sector is on the rise. The market is estimated at around Rs 2,500 to Rs 3,000 cr. The OMR technology is expected to grow 6 – 7 times in the next five years. We have pioneered in this space,” he said.

Further stating that the existing examination system is not fully geared to handle the exponential growth in student strength, he said “the need of the hour is a good technology based solution to address the gaps in the current system. Our products and solutions are focused in making the examination process and registration simple and secure.”

“We have redefined document security by introducing eSekure as the ultimate security feature for any document,” he said, highlighting the company’s offerings such as biometric impressions using special inks, remote scanning services, OMR software, online markings etc.

The company is preparing to set up a manufacturing unit for its FireEye and SmartScan scanners by 2016.

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