Ricoh bags Rs 344 crore order to fix computers in Odisha schools

Printing and IT solutions firm Ricoh India has bagged an order worth Rs 344 crore from Kerala State Electronics Development Corporation to supply computer hardware to 2,000 government schools in Odisha.

"The company has got an order...for supply, installation and commissioning of computer hardware, connected accessories, software, maintenance of equipment and provision of computer education devices in 2,000 government and government-aided high schools in Odisha on five years build, own, operate and transfer model project under ICT@School Scheme," Ricoh India said in a BSE filing.

Last month, Ricoh India, a subsidiary of Ricoh Group, Japan, said it is eyeing 55% growth in revenues this fiscal.

The company said it has also planned investments of about Rs 300 crore over the next one or two years for expanding its data centres.

Currently, Ricoh India has two data centres - one each in New Delhi and Kolkata.

Shares of Ricoh India were trading at Rs 565 apiece, down 1.44% from their previous close on the BSE.