The Reliance Anil Dhirubhai Ambani group (ADAG) is foraying into the information technology consulting and services segment, for which it has formed a subsidiary, Tech Reliance.The group is also looking to poach management- and senior-level executives from major IT firms in the country.
The group is planning to bring in all its IT departments under the subsidiary. Tech Reliance, apart from providing services to the group companies, will also provide services to diverse industry sectors in the country.The planned services would include consultancy, business process outsourcing and software development, among others.
The company will initially look at providing services to industry sectors such as telecommunications, financial services, utilities, entertainment and healthcare.
The company intends to take on existing IT biggies, including Infosys Technologies, Tata Consultancy Services, Wipro, IBM and Accenture, by providing similar services in the country.
Read more in The Business Standard article.
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