| BANGALORE, India D’Gipro Systems, an 18-year-old design house based here, is talking to an unidentified U.S. firm in an attempt to capitalize on the growing need for design services from India. |
D’Gipro Systems Pvt. Ltd. is seeking a marketing or joint venture pact to attract business from the U.S., Europe and Japan.
D’Gipro had revenues of about $3 million in 1999, but revenues have since slumped. Revenues last year totaled just $1.5 million.
“Demand for design from India is growing and will do so for the next four or five years. Unless we have a marketing tie-up, a joint venture or a merger we may not be able to properly capitalize on growing demand,” said D'Gipro President and CEO S. Ramachandran.
D’Gipro’s VLSI, pc-board and embedded design services, mostly for telecommunications and networking customers, employ about a 100 staffers. A sister company, D’Gipro Design Automation and Marketing, markets EDA tools and training. The latter trains local and foreign engineers and is the authorized training partner for Synopsys in India.
“A tie-up will help us double revenues very fast and take up the verification, implementation and well as design services work that is increasingly coming our way,” Ramachandran added.