Market development services in India growing rapidly resulting in a 276%
revenue growth over the past two years
OTTAWA, Canada and GURGAON, India, June 26, 2012 /CNW/ - TaraSpan Inc.
of Ottawa, Canada and TaraSpan Solutions Pvt Ltd of GURGAON, INDIA,
leading providers of market entry and software product development
services for Canadian technology companies in India, today announced
consolidated revenue growth of 62% for the fiscal year ending March 31,
2012 and of 276% over the last two fiscal years.
The rapidly growing Indian market appetite for Canadian technology
products fuelled this growth. Operating income of 15% and cash
positive operations were evidence of healthy market conditions for
Canadian providers of leading edge technology products.
"We continue to realize phenomenal growth in our operations in India and
in our Canadian customer base", said Mike Manson, CEO of TaraSpan.
"This past year saw new customers across Canada, the launch of our
Cleantech practice focused on market entry into India for Canadian
Cleantech companies; and, a significant increase in all areas of our
business in India."
Canada and India-based TaraSpan accelerates and de-risks India market
entry, software engineering and global support for emerging and
established Canadian technology companies. TaraSpan has created the
Unlock India™ platform for delivering comprehensive India strategies
for technology companies.
More information: www.taraspan.com
For further information:
Media & Analyst Contact:
Jaswinder Kaur, TaraSpan Inc., firstname.lastname@example.org
Canada: +1 613 265 7556
India: +91 98 1035 9243