Indian firm to tap Dubai tech market
DUBAI: The Indian-based firm Indus Net Technologies (INT) is keen to expand its operations across the Gulf region.
We have been serving clients in the Middle East for over a decade.
However, we will now look for a stronger presence in this market from 2021 onwards. We are looking to set up our presence in Dubai and serve the Middle East and African market through this base. We are exploring various partnership propositions at this point.
This was stated by Abhishek Rungta, Founder and CEO of Indus Net Technologies, during an exclusive interview with Gulf Today, adding that his company is also interested for a partnership deal with other firms ater starting operations in Dubai.
Answering to a question about the impact of the UAE recently launched 100% ownership rules for investors, he noted that it was a great change and a game-changer, adding that he appreciates the vision of the government of Dubai, and he think this would go a long way to establish Dubai as a destination of choice among companies who want to land and expand in the MENA region.
“We are not participating in any Expo for the next year due to the pandemic situation. We can afford to do so, as our services and products are delivered online, and hence a remote connect and collaborate model works for us. However, we will like to virtually participate in the expo, if there is an option.
I think Expo 2020 will boost the overall ecosystem in Dubai, and we are looking forward to the opportunity.”
“We are already growing at a CAGR of 15%. We expect to grow at a CAGR of 30% over the next five. years. Our projections are based on the wider digital adoption, geographical expansion, and growth in our existing accounts globally.”
“We are seeing consistent growth in our existing markets i.e. the India, USA, UK, and EU. We are also opening up new markets in the Middle East and Africa.” Abhishek concluded.