India's Pressure Sensitive Systems India Limited has been ordered to build a dataware house. This warehouse has to be completed in three months i.e. by 15 July 2023.
Small and big companies of India are now continuously working for foreign companies. Then whether it is IT field or any other. Now Israel's Tech Giant has ordered India's Pressure Sensitive Systems India Limited to build a dataware house. This warehouse has to be completed in three months i.e. by 15 July 2023. To get this order, Pressure Sensitive Systems India Limited had to go through the bid process and won the bid for $3.8 million i.e. Rs 85 crore.
Order to be completed before July 15
Our Dubai-based wholly owned subsidiary, Global Markets Insights IT Services LLC, successfully participated in and won a bid to build a data warehouse for Insitu S2 Ltd in Israel, the company said in its stock filing. The order to build this data warehouse facility is to be completed in 3 months and the company is in the process of completing this order by July 15, 2023.
Big milestone
Bhagyesh Mistry, Managing Director of Pressure Sensitive Systems India Limited said that this is an important milestone for our company. He said that we are thrilled to get this order from Israel's tech company. It is a testimony to the quality of our products and the faith our customers place in us. We are also looking forward to order some more data warehouse category from European and Middle East market.
Is also working for these countries
The company is already known to have worked with IBM (Australia), IBM (UK), Ladoo Gopal Ventures (India), Wahat Al Butein (UAE), Jordan Development Council, Startup National Central (Israel) etc. The orderbook of the company has reached around $ 9.8 million i.e. Rs 85 crore. Shares of Pressure Sensitive Systems India Limited opened with a gain of ₹6.78 in the market today and are currently trading at ₹6.86 per share, which is 1.15% higher than the previous close.
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