Etech Inc to expand at Infocity

US-based Etech Inc, which has ITeS/BPO operations in Gandhinagar plans to go public when the company touches revenues of $100 million (Rs 391 crore), which could be in three years time, according to company officials.

To achieve this, the company is planning to expand existing infrastructure in Ahmedabad and Vadodara, but the process is subject to receiving government approvals on time.

The company has already invested around Rs 50 crore in Gujarat through its BPO centres at Gandhinagar and Vadodara.

At Gandhinagar, the company has a 800-seat facility at Infocity over the last two years. It will soon occupy the entire Info Tower-4 and plans to set up its own `Etech Towers', an independent centre at Infocity consisting of about 2.5 lakh sq ft of office space. The estimated investment for this project is around Rs 15 crore. At Vadodara, the company is scouting for properties to expand its call centre from the present 100 seats to 150 seats.

Speaking to reporters here, Etech Inc's Worldwide Operations Director Jim Iyoob said that the company was planning to "expand and bring 5000 more jobs here."

However, he added that government approvals, permissions and sanctions of the real estate infrastructure at Infocity were a matter of concern. While Infocity management was ready to give them international standard infrastructure, he said, approvals required Government sanction.

"Due to these delays we had to open a centre in Thane, Maharashtra although we prefer to be in Gandhinagar," Iyoob added.

Etech began operations in Gandhinagar in 2003 and derives 85-90 per cent of its revenues from voice and non-voice call centre operations.