Nutec Infotech to Increase Strength Three Times by 2017

Ahmedabad, India, January 07, 2016 --(PR.com)-- Ahmedabad headquartered two and half decade old IT company, Nutec Infotech is all set to double its strength in the country. Known for its ERP product and solution under brand name of ‘Corporate Munim’, Nutec Infotech eyes to push up sales by up to 50% in next few years.

Currently, Nutec Infotech has the strength of 170 employees and has set a target of increasing the number to 500 by 2017. “We are about 25 years old company but never got into any major expansion as we thought we may not need it. But now, we need to double our strength to push up our top line as well as bottom line. By end of 2017, we want to increase our manpower three times from present strength,” said MD & CEO of Nutec Infotech Pvt Ltd, Hetal Shah.

With presence in eight locations including Ahmedabad, Mumbai, Delhi, Hyderabad, Bengaluru, Vapi,UK and Canada, Nutec is expecting to expand its presence in new locations in the country as well overseas. With client list of more than 950 companies across globe, Nutec Infotech wants to capture at least 5% of market share of total size of ERP solution providing companies sale in India.

“Looking at present situation, our market share is minuscule. Slowly and gradually, we will not only increase our employee strength and revenues, but we want capture 5% pie of the total ERP business of the country. Target is achievable,” said Mr Shah.

Nutec Infotech is in ERP business before GUI operating systems were launched in the country. “We started making ERP or rather accounting solution programs on DOS based systems. At that time, the cost of making a software or a solution was mere Rs1,200. Today, the minimum package of ERP for my client is Rs65,00,000,” said Mr Shah.

Talking about the brand name, Mr Shah said that Corporate Munim is the only ERP solution in the country which offers ‘Zero customisation and dependency’. “We have got clients from varied industries including a proprietor firm to a large MNCs. Being price competitive compared with the peer group companies, we have got a benefit of ‘zero customisation’ and ‘no hidden cost’,” added Mr Shah.