Date:13/01/2006 URL: http://www.thehindubusinessline.com/2006/01/13/stories/2006011303710800.htm

Back Ventech to invest Rs 40 cr more

Our Bureau

Chennai , Jan. 12

VENTECH Solutions Inc, a US-based software company, plans to invest Rs 40 crore in India on infrastructure expansion, and employ about 1,000 information technology professionals over the next three years, according to its CEO, Mr Ravi Kunduru.

It commenced construction of 1.45-lakh sq ft infrastructure development centre at Siruseri IT Park on the Old Mahabalipuram Road (the IT corridor), and this project would be completed by October. It will also develop another one lakh sq ft of office space in the city, he told newspersons.