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Evince Development Signs Historic MoU for a 100 Cr. Investment to Propel Growth in Gujarat's IT/ITES Sector

01-10-2024 03:53 PM CET | IT, New Media & Software

Press release from: Evince Development

Evince Dev Signs 100 Cr Investment MoU for Gujarat IT/ITES Sector Growth

Evince Dev Signs 100 Cr Investment MoU for Gujarat IT/ITES Sector Growth

Ahmedabad, Gujarat on 10th Jan 2024 - Evince Development (Visit us at: https://evincedev.com), a key player in the Information Technology (IT) and Information Technology Enabled Services (ITES) sector, proudly announces the formalization of a Memorandum of Understanding (MoU) with the Vibrant Gujarat government. The partnership signifies a substantial investment of INR 100 crore to propel the growth of Gujarat's IT/ITES sector in alignment with the state's robust IT/ITES policy.

Fueling Growth with Strategic Investment:
Evince Development's INR 100 crore commitment translates directly into the "Evince Development Expansion Project," solidifying the government's vision for a thriving technology ecosystem in Gujarat. Evince's expansion plan aims to create over 400+ high-skill IT/ITES jobs within five years, boosting economic growth and propelling technological advancement.

More Than Just Numbers, an Ecosystem Commitment:
"Our investment isn't just about figures; it's about cultivating a future where local talent excels on the global stage," says Evince Development CEO Maulik Pandya.

The MoU underscores Evince's unwavering dedication to Gujarat's progress, encompassing:

1. State-of-the-art Infrastructure: Establishing a tech haven featuring advanced facilities for digitization, software development, and website creation.

2. Global Expansion: Positioning Evince Development as a global player with expansion plans reaching North America and Europe.

3. Asia Market: Opening a new development office in Asia, fostering international collaboration and market reach.

4. R&D Focus: Driving continuous innovation through dedicated research and development initiatives, ensuring cutting-edge digital solutions.

5. EU, Saudi Arabia, and North America Tech Event Participation: Boosting global visibility and networking opportunities by actively participating and sponsoring key tech events.

6. Local Startup Support: Actively guiding and supporting local startups, cultivating a robust entrepreneurial ecosystem.

7. Sustainability & Corporate Social Responsibility: Prioritizing eco-friendly practices, embracing diversity, and actively engaging with communities.

Shaping a Technologically Empowered Future:
This monumental investment signifies Evince Development's unwavering commitment to Gujarat's future. By collaborating with the government, local communities, and the state's vibrant talent pool, Evince Development envisions a future where Gujarat's IT/ITES sector shines brightly on the global stage. Join on journey to transform Gujarat into a technological powerhouse!

- Evince Development
- marketing@evdpl.com
- 387 Park Avenue South, 5th Floor, New York City, USA
- Ila Bandhiya

EvinceDev (Evince Development) Is A Top-Rated Tech Company With Years Of Experience And A Dauntless Motto Of "Delivering Growth By Accelerating Digital Transformation." Inspired By The Spartan Community, EvinceDev Has Established Its Steeping Pillars Of Commitment, Integrity, Innovation, And a Strategical Approach.

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