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Home  Corporate Chairman’s Message
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Ladies and Gentlemen, Welcome to Vakrangee !
It is with great pleasure and a sense of abiding optimism that I address you all on our completion of 20 years of our journey.
There are opportunities, and there are OPPORTUNITIES. When confronted with the BIG opportunity, there is this feeling that all our previous projects, our trials and our successes were actually nature’s way of preparing us for this moment. There is a sense of destiny in our unique circumstance.
Over the years, we have shown remarkable progress, moving up the value chain from being the implementation partner to large IT companies to becoming a bid partner and consolidated our position as India’s leading player in e-governance initiatives. In our business portfolio we have identified systems integration as the lead engine for growth in the e-governance domain due to our capability, expertise and experience to independently manage large projects. Along this journey we have developed unique capabilities, forged long standing relationships with government agencies and formed alliances with some of the largest IT companies in the country and the world. Our capabilities are in line with industry standards and includes a State of the art STPI centre, large infrastructure to meet variable data hard copy production, a large footprint to handle mass digitization and data conversion and a trained manpower base.
We are fortunate to have partnered the government in its very first e-governance initiative (the Voters Photo Identity card project), wherein we set up and managed 100,000 citizens’ centers for collecting data and issuing voters identity cards across the states of Maharashtra, Rajasthan, Gujarat and U.P. Since then, our management band width has increased as has our capabilities to implement large initiatives. Our wholly owned subsidiary is presently implementing the complete land record dematerialization program for the state of Philippines! This is a project involving creation of digital records of 20 million land titles and over 10 million supporting documents within a tight deadline. The project will enable online processing of land transactions across Philippines. Today our lines of business include Systems Integration and IT Enabled Services. The verticals we serve include Government, BFSI, Utilities (Telecom and Power) Retail and Transportation etc. We have set out a concrete agenda and made a good beginning in the BFSI sector in partnership with one of the world’s leading hardware and software companies.
We have ongoing business in the ITES domain and an exclusive tie up with one of India’s top most IT companies to jointly bid for e-governance and BFSI projects in the state of Rajasthan. In this one state alone, there is a potential business of over USD1 Billion in the offing.
At the same time, there are multibillion dollar opportunities in the e-governance programs of the central government and those of other states. The Unique Identity Number project, the Power sector reform program R– APDRP, Implementation of core banking solutions in the rural banking network, the GIS projects, the Smart Ration Card scheme (under PDS ), e- driving licenses, the e- panchayat program etc. These multibillion dollar opportunities promise to last for the coming decade.
It is imperative to have capabilities, experience, expertise, infrastructure and relationships to participate in these big opportunities. Having said this, the business itself has the potential to catapult us into the big league delivering exponential growth that will in turn benefit each of our stakeholders.
I take this opportunity to thank our clients, the officials and statutory bodies of the Government of India and states, our employees, our bankers, my fellow directors and our vendors, and seek a future that is mutually fulfilling and beneficial.
Thanking you,
Yours Sincerely,
Dinesh Nandwana.
Chairman, Vakrangee Softwares Ltd. |
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