The Pakistani Information Technology companies have witnessed a historic moment, as one of the leading IT firms, NetSol, has formed a contract with a global auto leasing company to work in India.
According to details, NetSol has officially sold its product named ‘NetSol Financial Suite’ to a global auto company for its Indian setup in Chennai and a team of NetSol has been deployed to provide training in this regard.
When contacted, NetSol Senior Executive Vice President Sajjad Kirmani confirmed this news and said that entering into the world’s acknowledged IT industry, despite so many issues between both countries is heartening.
While describing the product, he said that it is an asset based landing product that provides a complete range of different loans, lending and leasing solutions in this sphere such as auto leasing management, aircraft leasing, agriculture leasing and road-roller etc.
“This product of NetSol is a sophisticated system and we can proudly say that it falls in the leading software products,” said Sajjad. He further stated that professionals of the company have already reached and are providing training to customers, which will take some four to five months.
Sajjad believed that India is a giant of the IT industry and Pakistan is far behind in this capacity, yet entering such a big market is welcoming for the IT industry. It is to be noted that, recently, a team of World Bank economic experts visited NetSol Technologies to prepare a case study on NetSol’ success story, and purpose of this visit was to discuss challenges and opportunities facing Pakistan’s IT industry and to understand policy levers that could help its growth.
NetSol is a Pakistani IT firm competing world over and earning foreign exchange for the country’s economy. According to the mission statement of the company, NetSol Technologies is a leading international provider of automated and IT enabled solutions catering to businesses across various verticals around the globe. The global presence of the company includes USA, UK, China, Australia and Thailand. NetSol has solidified its presence in the Leasing and Asset Finance vertical through its world class suite of applications.
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