Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice.
March 25, 2015
Mumbai - Rolta India Limited (Rolta) and Hitachi India Pvt. Ltd. announced today that they have entered into an MoU for jointly addressing significant market opportunities in high-growth business segments in India.
Rolta is recognized worldwide for its IP-led solutions (Intellectual Property) for BI (Business Intelligence), Big Data Analytics, IT-OT Fusion (Information Technology - Operational Technology Fusion) and, Smart & Secure Cities. Rolta uniquely combines its strengths in IT, geospatial and engineering technologies to provide innovative enterprise-class solutions in many verticals. Hitachi group is a global conglomerate that offers a wide range of systems, products and services in various sectors. Hitachi India Pvt. Ltd. is the flagship company of the Hitachi group in India.
The companies will work closely together to explore strategic business collaborations for infrastructure systems in large verticals, to offer comprehensive and seamlessly integrated solutions.
Mr. K. K. Singh, Chairman and Managing Director of Rolta commented, “We are very glad to forge a partnership with Hitachi India Pvt. Ltd. This will enable us to not only broaden the scope of our solutions, but also to leverage Hitachi’s world-wide presence to extend our market reach for mutual benefit of both companies.”
Rolta is a leading provider of innovative solutions for many vertical segments, including Federal and State Governments, Defense/HLS, Utilities, Process, Power, Financial Services, Manufacturing, Retail, and Healthcare. Rolta is recognized for its extensive portfolio of indigenous solutions based on field-proven Rolta IP tailored for Indian Defense/HLS. By uniquely combining its expertise in the IT, Engineering and Geospatial domains, Rolta develops exceptional IP-based Cloud-ready solutions to enable its customers globally to readily exploit the power of BI, Big Data Analytics, and IT-OT Fusion. Rolta is a multinational organization headquartered in India. The Company operates from over 40 locations worldwide and has executed projects in more than 45 countries. Rolta equity shares are listed on BSE and NSE in India, its GDRs are listed on the Main Board of London Stock Exchange and its 'Senior Notes' are listed on Singapore Stock Exchange.
Hitachi started its business in India in the 1930's. Currently, Hitachi has 31 business bases and over 10,000 employees in India. In addition to being a leader in construction machinery and air-conditioning systems, the Hitachi Group in India is expanding on its 'Social Innovation Business', such as information & telecommunication systems, power systems, industrial, transportation and urban development systems. Together with further localization, Hitachi aims to contribute to a sustainable society in India as well as the country's economic growth. For more information about the Hitachi Group in India, please visit the website at http://www.hitachi.co.in.
