Dev Information Technology Ltd announced it has secured a ₹2.9 million order from Gujarat International Finance Tec-City (GIFT City). The deal strengthens the company’s IT services footprint in India’s premier financial hub, enhancing its role in digital infrastructure development.
Dev Information Technology Ltd confirmed that it has secured a new order worth ₹2.9 million from Gujarat International Finance Tec-City (GIFT City). The contract highlights the company’s growing presence in India’s digital transformation ecosystem, particularly within high-value financial and technology hubs.
Key highlights from the announcement:
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Strategic Win: The order from GIFT City underscores Dev IT’s ability to deliver advanced technology solutions to India’s leading financial services hub.
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Digital Infrastructure: The project is expected to enhance IT systems and strengthen operational efficiency within GIFT City’s expanding ecosystem.
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Market Positioning: This deal reinforces Dev IT’s reputation as a trusted partner in enterprise technology, aligning with India’s push for smart cities and digital finance.
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Growth Outlook: Analysts suggest that such contracts improve revenue visibility and provide long-term opportunities in government and institutional projects.
Industry experts note that GIFT City, India’s first international financial services center, is rapidly evolving into a global hub for fintech and capital markets. Dev IT’s involvement positions it to benefit from future expansion and technology-driven initiatives.
Outlook: With this order, Dev IT strengthens its portfolio in enterprise IT solutions, supporting India’s broader digital economy ambitions.
Sources: Reuters, Business Standard, The Economic Times, Mint