The leading specialist engineering & technology solutions provider, Neilsoft today announced that in F.Y. 2006-07, their revenues grew by 59% to approximately Rs.65 crores. Speaking on the occasion Mr. Ketan Bakshi, Chairman & Managing Director said, “This growth was the result of a high demand environment and more importantly, our ability to scale and partner with new clients.”

Speaking on new initiatives, Mr. Bakshi announced Neilsoft’s foray into the domestic market for ‘Building Systems & Industrial Projects’ Services. He further elaborated that, “Our ability to scale our international experience and our quality processes will bring forth a strong value proposition to our India clients with an integrated set of engineering services in this sector.”

Commenting on future opportunities, Mr. Bakshi said, “One of our key challenges in the near future will be to achieve success in our initiatives to establish access to key markets in the new geographies of Europe and APAC including India and Middle East. As a part of our initiatives, we are building dedicated teams to pursue future opportunities in these markets.”

In conclusion, Mr. Bakshi said, “What differentiates Neilsoft from other engineering services providers are its high integrity levels, open and transparent culture and dedication to use all necessary resources to surpass customer expectations. Our commitment to pursue growth & significance in the Engineering Services Outsourcing (ESO) space will help us in fulfilling our vision of being one of the top 5 companies in this space by 2011”