or invested Rs 50 crore in
an ISP business and doubled growth, while maintaining exports to Japan.
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PERFORMANCE HIGHLIGHTS
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A key player in the CAD/CAM/GIS, Rolta
grossed revenues of Rs 257 crore during fiscal 1999-00, a growth of 59%. This
rate was almost double the last fiscal’s 30%.
The biggest news for Rolta in the last
fiscal was its foray into the ISP business after encountering initial legal
hurdles. Its service, christened RoltaNet, was launched in Mumbai, with plans to
take it to other cities. Its investments in this area were to the tune of Rs 50
crore, while the subscriber base stood at 10,000.
Rolta
also applied for a license to set up an international gateway. At present, it
seems all set for an international gateway because as an ISP it would utilize up
to 80% of the bandwidth capacity of the gateway.
The company launched a generalized
portal that linked to other sites. It now plans to create a vertical
portal having specialization in IT, education and engineering. Rolta also tied
up with banks for letting them use its platform for internet banking and with
brokerage houses to allow them use its infrastructure for trading activities.
Earnings
from domestic activities constituted 70% of the overall revenue, an indication
of its growing strength in the domestic market. In the last fiscal, exports
stood at Rs 102 crore as compared to Rs 59 crore in the fiscal 1998-99–a
growth of 57%. All of its exports were to Japan. It plans to add to its existing
suite of CAD/CAM and GIS products.
Rolta is investing in infrastructure for providing a
solid base for escalating growth. Apart from aiming to reach the top slot among
the internet and ecommerce service providers, it is planning to consolidate its
position in the CAD/CAM/GIS market in India as well as in geo-engineering and
conversion.
Fact Sheet
START-UP YEAR: 1982 PRODUCTS And SERVICES: IT solutions
and services, geospatial solutions for AM/FM & GIS, engineering solutions
for plant design and automation, mechanical design automation, ebusiness
solutions, internet services COLLABORATIONS: Intergraph Corp., USA AGENCY
OPERATIONS: Intergraph Corp, IBM, Intel, Lucent, Cisco, PTC BRANCHES: 17
EMPLOYEES: 2,200 ADDRESS: Rolta Bhuvan, MIDC, Andheri(E), Mumbai 400 093 TEL:
832 6666, 826 2222 FAX: 836 5992 WEBSITE: www.rolta.com