Sankhya InfoTech unveils plans to expand biz in U.S and Asia

Hyderabad-based SankhyaInfoTech today announced its strategic road map and vision to expand its business in the U.S. and Asia, specifically India.
The 20-year-old company with a turnover of Rs 161.06 crore, is listed in the Bombay Stock Exchange and has set its eyes on high growth.
The company offerssoftware solutions in the field of aerospace and defence.
Company chairman and managing Sridhar Krishna said the uniqueness of the range of solutions offered puts it on the forefront among its competitors.
He said Sankhya provides technology based training and simulationin the field of aerospace and defence.
"Sankhya dominates inthe segment. In India we work with the Navy and Army. We havedone a case study for Boeing and Etihad Airways. Besidesdefence, 52 per cent bank employees in India have been using our online assessment solutions for the past five years," he said.

Krishna claimed that Sankhya provided the world's first web-based training technology for the civil aviation industry.

Thefirm has worked in France in the area of military aircraft and signed a long-term contract with Bharat Heavy Electricalsin India in 2016 to provide simulators for defenceindustries.
He added that the company offers three products-- training management solutions, learning solutions andonline assessment management.
Krishna said there is huge potential in U.S. and Asia.
"We have cutting edge technology. We have to have high growth. Henceforth, our focus will be US and Asia," he added.
Company director Bhaskar Pramanik said the globaltraining and simulation market for enterprises in aerospaceand defence is multi billion dollars.

Training is critical forsuch industries because of safety, security and regulatoryrequirements, he said.
"There is immense scope for Sankhya to addressthe global market with its innovative state-of-the-art technology solutions and services," he said.