Home / Knowledge / News / Information Technology / NTWK-GK forms IT Services & Software Development JV
NTWK-GK forms IT Services & Software Development JV
18
May '09
NetSol Technologies, Inc. "NetSol", a U.S. corporation providing global business services and enterprise application solutions to private and public sector organizations worldwide, announced the company has signed a definitive joint venture agreement with Grupo Karims, a large diversified and prominent commercial group headquartered in Honduras, with operations throughout Latin America.

NetSol GK Latin America will be used exclusively to support the expansion of NetSol North America's (NTNA) BestShoring business model and establish an additional NetSol Center of Excellence for the provision of cost effective global business services throughout North America and Latin America. The joint venture provides for the delivery of a full range of IT services and software development capabilities including bespoke software development, software integration and test engineering, SAP integration services as well as related IT solutions to public and private sector clients. The new NetSol GK Latin America partnership will provide NetSol a state-of-the-art technology delivery facility located in Grupo Karims' recently launched Altia Business Park in San Pedro Sula, Honduras.

Najeeb Ghauri, NetSol Technologies, Inc. Chairman and Chief Executive Officer, stated, "In line with our strategy to diversify our global IT service delivery network and best serve our clients needs, the launch of NetSol GK Latin America marks a major milestone in the expansion of our IT services delivery capabilities aimed at providing high quality, cost effective IT services to customers throughout the Americas. Our joint venture agreement with Grupo Karims aligns NetSol with a large and well respected Latin American partner with the critical local experience and resources to match our comprehensive global IT solutions delivery expertise. This agreement provides a highly efficient platform upon which to expand our presence in the Americas under our successful BestShoring business model. NetSol stands as a pioneer IT company in this emerging market, aiming to fully leverage the cost arbitrage benefits and serving to further diversify our business offerings to support NetSol's future growth in the region."

Francisco Franco, Grupo Karims' Chief Operating Officer, commented, "As a leading diversified Group in Latin America we sought a joint venture partner with an experienced global IT services capability to help Grupo Karims achieve its vision of building a world class software development and IT services presence in the region. We envision huge new opportunities for NetSol in the emerging economies of Latin America as a joint venture partner. Further, we achieved our goal and gained a certified CMMI Level 5 partner with a successful track record of serving globally focused clients throughout North America, Europe, Asia Pacific and the Middle East. Our new high technology delivery infrastructure and centrally located facilities, with access to high qualityIT professionals, positions NetSol GK Latin America to leverage the growth we are seeing locally as well as among international companies looking to expand in the region."


Must ReadView All

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

APTMA calls for implementation of PM’s export package

Textiles | On 21st Oct 2017

APTMA calls for implementation of PM’s export package

The All Pakistan Textiles Mills Association (APTMA) has called for...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.9%
No
13.2%
Skip
8.8%

Total Votes: 68

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.8%
No
27.9%
Skip
10.3%

Total Votes: 68

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.3%
No
10.3%
Skip
4.4%

Total Votes: 68

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.0%
No
11.8%
Skip
13.2%

Total Votes: 68


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search