Bahwan CyberTek set to cross the Rs. 500 Crore mark this fiscal. To scale up recruitment by 25 %

The Chennai based Bahwan CyberTek (BCT), a leading IT Product and Services organization, announced today that it would cross the Rs. 500 Crore mark turnover, by the end of this financial year (2009 – 2010). This growth is a reflection of BCT’s ability to orchestrate and deliver a coherent value proposition to its customers. This achievement is especially noteworthy, in a year of global financial turmoil in fiscal 2009. The most significant development was that of Prof Mohanbir Sawhney coming on board of Bahwan Cyber Tek. This year also saw BCT move into it’s own premises in Chennai, with a Center of Excellence spread across 180,000 sq.ft area, the total investment being USD 9 million.

Addressing the media, Mr S. Durgaprasad, CEO, Bahwan CyberTek said “We are very pleased with our performance over the last few years. We have seen good YOY growth, and with a lot of promising deals in the pipeline and we are confident of crossing the Rs. 600 crore, mark by the end of the next financial year (2010 – 2011).” Bahwan Cyber Tek has been growing more than the industry average and this gives us tremendous confident of achieving even greater heights in the years to come. Another noteworthy development was the signing of pact with IIM Bangalore to provide management courses in Oman. Our focus in India includes BCT’s products, Govt, BFSI, Energy and Utilities Industry verticals in addition to Enterprise application implementations for Manufacturing, Distribution and Retail segments.

Bahwan Cyber Tek during the last couple of months has got excellent repeat orders from its customers like the extension it has received for 2 years in the execution of 4PL engagement in Oil & Gas sector for Petroleum Development Oman (USD 500 Million Dollar Contract). With this significant step, BCT has become a leader in the 4PL arena. BCT has also received orders from the Dubai Municipality, Union Cement Company and Beach Olympics etc, which will keep the company busy and help in the growth of the organization.

For Further information please contact Ms. Kavitha, M: 99520 90129 / Satyan Bhatt, Prism PR M: 98400 85411