Expertise & Relevance
Rolta's ability to constantly transform and re-invent itself, to remain relevant in the face of relentlessly changing technologies and market needs and yet remain focused on its core competencies is the fundamental reason for the Company's long-term success.
Founded in 1982, Rolta has from the very beginning understood, accepted and implemented the basic tenet of transformation: "change is the only constant". Through the intelligent extension of the expertise and knowledge acquired in one business, Rolta has successfully launched new businesses. This is a Rolta specialty.
To remain relevant, the Company has continuously transformed itself over the years - from being a data processing center in its infancy; to providing onsite software services in its early years; to pioneering and leading the CAD/CAM/GIS market in India; to being amongst the top players in providing Geospatial and Engineering services globally; to dominating the Indian GIS, EDA and Defense Geospatial markets; to acquiring specialized technologies and strategic companies/divisions to develop innovative solutions; and to now becoming a strong player in the Infrastructure, Government, Defense & Security markets.
Rolta has prudently leveraged the advantages of being a first-mover in its selected business areas while pursuing proactive measures for continued growth through well-placed and focused investments. Whether it was setting up a manufacturing facility to launch the CAD/CAM/GIS business, or the establishment of an ISP for entering the Enterprise ICT segment, to now making acquisitions that enable Rolta to launch new solutions based on Rolta IPRs, Rolta has consciously made decisions that have allowed it to grow and remain relevant in the constantly changing market place. The character of Rolta's business has also transformed from time to time.
Rolta has always looked beyond immediate opportunities to create businesses with long-term prospects and relevance. Rolta has built a solid business that reflects its established track record, empowered people, domain knowledge, world-class infrastructure, enduring partnerships, exceptional IPRs and healthy financials. Over the years, Rolta's capabilities have expanded significantly and as a result the Company today serves markets that are much larger than ever before. As customer requirements have evolved, the character of Rolta's business has also transformed from largely a comprehensive services provider to an integrated solutions provider, based on its own IPR, encompassing a customer's comprehensive enterprise wide needs, from concept-to-completion.
To sustain India's strong GDP growth, investments in India's infrastructure are expected to exceed US $1 Trillion in the mid-term. Geospatial technology and data will be required to play an important role for development, especially in sectors such as airports, ports, highways, bridges, town planning, municipal, environmental, utility distribution, etc. With its leadership position in the Geospatial segment and its unique IPR, Rolta is very well positioned to address this large opportunity.
The Indian Defense and Homeland Security sector has emerged amongst the top spenders worldwide, with CAPEX over the next 5 years estimated at US $ 50 Billion. Rolta is now addressing huge opportunities arising from the key modernization programs of the Indian Armed Forces, Para-Military, Police Forces and Maritime Agencies.
Rolta's dominant position in the market, combined with the strengths of its Joint Venture with Thales puts it in an extremely unique position to address these strategic and programs. A major focus of the Ministry of Defense is the identification of local industries for indigenized production, and with the award of Industrial Licenses to Rolta for manufacturing Defense equipment, necessary steps are being taken to move forward in addressing additional opportunities, especially for sophisticated equipment and systems in Maritime, Aerospace, Electronic Warfare, Optronics and Communications.
Both, conventional power generation and refining capacities are expected to double in the next decade, in India. Additionally, it is envisaged that almost 40,000 MW of power generation capacity will be added through nuclear energy in India. Business Monitor International reports that over a 10 year period ending 2018, Oil production will increase 12.3%, while Oil consumption will increase 46.8% and Gas production 67.3%, in India. Rolta is uniquely positioned to address the huge opportunities in these sectors, by capitalizing on its unique solutions for owner operators and by leveraging the JV it has with The Shaw Group. The Shaw Group is a world leader in nuclear power and is executing multiple projects to maintain nuclear power plants in US and China.
According to a recent NASSCOM report, the local Indian IT services market is estimated at US$ 50 Billion while the off-shoring market is estimated at US$ 175 Billion by 2020. Outsourcing of engineering services is expected to cross US$ 60 Billion by 2020. Rolta's acquisitions over the past couple of years, its resultant global footprint and track record, along with its innovative off-shoring model give the Company a unique positioning in this large market.
Rolta's pipeline of opportunities is growing and its achievements have positioned the company at the threshold of a new growth era. There has been reasonable all round growth in the Company's Revenue and Profitability, year-on year. Rolta's success is based on a unique business model, total commitment to exceptional standards of performance and productivity, working together effectively, leveraging core competencies and a willingness to embrace new ideas and transform by learning continuously.
