VMPL
Mumbai (Maharashtra) [India], March 18: ROX Hi-Tech NSE-listed ROXHITECH, a prominent player in enterprise software development, IT consulting, and systems integration, has reached an important landmark with the establishment of a new entity in Mauritius. This move signifies their planned growth into global markets.
The recently established subsidiary, ROX Hitech - Mauritius, will serve as an international extension of the company, capitalizing on expansion prospects within the worldwide IT sector. This strategic initiative is aligned with ROX Hi-Tech The company’s strategy for broadening its market reach, taking advantage of new business opportunities, and improving services for global customers.
With an authorized and paid-up share capital of USD 100, ROX Hitech - Mauritius is poised to strengthen the company's foothold in enterprise software development and IT solutions. The subsidiary's establishment underscores ROX Hi-Tech 's commitment to innovation and excellence in delivering technology-driven business solutions .
Commenting on this development, Jim Rakesh Managing Director, ROX Hi Tech Limited said, " The incorporation of our subsidiary in Mauritius marks a significant milestone in our global expansion strategy. This move enables us to access new markets, optimize resources, and extend our world-class IT solutions to a broader international clientele. We believe this strategic expansion will play a crucial role in our long-term growth, strengthening ROX's global presence and brand recognition .
Through this subsidiary, we intend to strengthen our proficiency in enterprise software development, IT consulting, and system integration, thereby establishing ourselves as a reliable technological ally for businesses across the globe. This move aligns perfectly with our strategy to improve our service portfolio and capitalize on new prospects within the changing digital environment.
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