UK firm in tie up with NITK

INAT Technologies, the 100 per cent EoU subsidiary of the UK-based I Technologies, has started its operations at National Institute of Technology Karnataka "" Science and Technology Entrepreneurs Park at Surathkal near Mangalore.

The company plans investments to the tune of Rs 50 crore and build infrastructure for 5,000 associates. The firm will focus on providing 'super low-cost' strategic IT solutions to domestic as well as international markets.

According to chairman and managing director Flavian D'Souza the company intends to utilise the vast rural talent pool in the coastal districts which will help the company provide super low-cost IT services to domestic and global markets.

 

The company envisages cost savings of up to 30 per cent for domestic clients when compared to tier 1 and tier 2 costs and up to 45 per cent for global clients outside India compared to tier 1 cities.

A strategic alliance with NITK-STEP, signing an agreement with its first client Highmark and recruiting 30 associates within 2 months of its inception on April 10 are some of milestones of the company.