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Vama Industries plans to move into software, data analytics and IoT solutions

28 Jun 2017 Evaluate

Vama Industries has firmed up plans to move into software, data analytics and Internet of Things (IoT) solutions, especially to the strategic and auto sectors. The Hyderabad-based company now sets up data centres and offers engineering services.

Recently, the company won a Rs 42.48 crore order from the Indian Space Research Organisation (ISRO) as informed to the stock exchanges through its wholly owned subsidiary Vama Technology, Singapore. The contract, which also includes Rs 3.67 crore for Vama Industries is for building infrastructure for Project ‘Bhuvan’ of ISRO at the National Remote Sensing Centre in Hyderabad on a turnkey basis.

Vama Industries has established credentials in multiple business lines across domestic and International markets in engineering, IT and IT enabled services.

Peers
Company Name CMP
TCS 2085.90
Infosys 1019.20
HCL Technologies 1256.00
Wipro 164.80
Tech Mahindra 1555.00
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