SourcePro to invest Rs 12 cr for expansion

SourcePro Infotech, Ahmedabad-based ERP solution provider, is in a process to expand its branches across the nation.

The company will invest more than Rs 12 crore for the expansion plan by the end of 2007-08.

After which, the company may raise fund from public.

In the current fiscal, the company will grow in Mumbai, Bangalore, Delhi and Pune.

"We are providing software development and networking services to a large number of multinational in India, Germany, Japan, China and Thailand, from only one location, which is not enough," said Unmesh Mehta.

SourcePro Infotech is focusing more on the European market.

"We have recently designed ERP package for Switzerland-based Magplastic, a blow-moulding technology provider across the world, and we have found that there are several companies looking for brand India in terms of IT specific needs," said Mehta.

Further, he said the company's product "" Integrated Manufacturing Management Software (IMMS) is being used by many Indian engineering companies that are having joint ventures with companies based in USA, Germany and Italy.

"We provide customised solution cantered around our product IMMS," Mehta added further.