Vama Industries on growth path

M Somasekhar Hyderabad | Updated on January 12, 2018 Published on June 27, 2017

Vama Industries, a small and medium enterprise in the IT integration space, has firmed up plans to move into software, data analytics and Internet of Things (IoT) solutions, especially to the strategic and auto sectors.

The Hyderabad-based company now sets up data centres and offers engineering services. It recently won a ₹ 42.48 crore order from the Indian Space Research Organisation (ISRO) as informed to the stock exchanges through its wholly owned subsidiary Vama Technology Pte. Ltd. Singapore.

The contract, which also includes ₹3.67 crore for Vama Industries is for building infrastructure for Project ‘Bhuvan’ of ISRO at the National Remote Sensing Centre in Hyderabad on a turnkey basis.

The company is upbeat on its growth and is confident of touching ₹150 crore by the end of the current fiscal. “We have an order book of over ₹80 crore. We have done ₹38 crore in Q1 and are close to winning some impressive orders”, said Rama Raju, Chairman & Managing Director.

With presence in Hyderabad and New Delhi, Vama Industries began as a IT & ITES company around 2002 after the amalgamation of two entities — Vama Infotech and Sanjeevani Industries. It has grown into a systems integrator and executed projects in engineering design & services to automotive, oil & natural gas & aerospace for clients in North America.

In the domestic market, Vama has worked closely with the strategy sectors and industries. From ₹10 crore turnover five years ago, it has notched a steady growth and is on the take-off stage, he told BusinessLine. At present, the staff strength is 150.

The company is eyeing to diversify into software projects and data analytics along with strengthening its core areas of data centres, storage services and annual maintenance contracts in the next two years.

Published on June 27, 2017
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