From correspondents in Tamilnadu, India, 05:10 PM IST

Global software solutions company, California Software Company Ltd, Calsoft (NSE: calsoft.ns, BSE: Calsoft.bo) inaugurated its new state-of-the-art facility at Pallikaranai, Chennai. The facility has seven floors, with a total built up area of 95,200 sq. ft. and is equipped with the latest features in connectivity and infrastructure security. With an investment of around Rs. 75 crore, this would be Calsoft largest facility and will house its software development centers for both its product engineering and enterprise solutions division. The new premises will cater to the future growth of the Company in terms of new projects and ramping of resources.

Chennai is the most attractive Indian city for offshoring services with the availability of a highly skilled talent pool. Calsoft at present has about 500 professionals in Chennai. We expect a rapid growth organically as Calsoft will continue to strengthen its position in its chosen areas of operations. said S (Sam) Santhosh, Managing Director & CEO of Calsoft.

Calsoft has grown four folds since 2004 and in the year 07-08, Calsoft revenue was Rs.236.38 Cr with a Year on Year (YOY) growth of 40%.

Source: Press Release Distribution via India PRwire