NSDL e-Gov and Sterling & Wilson ink Joint Venture pact for International Markets

NSDL e-Gov and Sterling & Wilson ink Joint Venture pact for International Markets | Press Release | Insights Success

Mumbai, 30th May, 2019: NSDL e-Governance Infrastructure Limited (NSDL e-Gov), a leading e-Governance solutions provider and Sterling & Wilson, a leading Indian multinational, today entered into a joint venture to offer comprehensive e-governance IT solutions along with supporting business critical and turnkey Data Center solutions in Africa, Middle East and South Asian markets.

NSDL e-Gov comes with 24 years of experience in offering IT solutions and has successfully driven extraordinarily large projects such as Tax Information Network (TIN), PAN card services, National ID, eKYC, eSign & National Pension System for the citizens of India. Shapoorji Pallonji owned Sterling & Wilson specializes in engineering, construction, manufacturing and energy services.

The uniqueness of the JV, being a single-stop e-governance solution provider, envisages tremendous business potential in foreign markets and aims to tap a considerable slice of public as well as private sector businesses going forward.

Mr. Gagan Rai, MD and CEO, NSDL e-Governance Infrastructure Limited said,

“e-Governance comprises important services to improve socio-economic conditions of a country. At NSDL e-Gov, we aim to extend our proficiency in offering transformative e-Governance solutions to markets beyond India and thereby touching millions of lives. Our partnership with Sterling & Wilson gives us a competitive advantage and together we aim to tap the global markets with our break-through IT solutions and bespoke products. These solutions will help countries in not only improving their ranking in ease of doing business but also ease of living.”

Mr. Khurshed Daruvala, Chairman, Sterling & Wilson said,

“Over the last many decades, Sterling & Wilson and Shapoorji Pallonji have played a pivotal role in building infrastructure in international markets including the Middle East and Africa. The ability to leverage our data center expertise and our presence in more than 20 countries through various businesses across the world, combined with our partnership with NSDL e-Gov, who share the same values as us, gives me utmost confidence that we will jointly be able to foster a steadfast partnership that will lay the foundation for providing transformative e-governance solutions and data center facilities to the millions of people in these geographies.”

NSDL e-Gov which offers niche technology solutions for better governance and efficient delivery of public services aims to replicate its success story in India across the global markets.

About NSDL e-Governance Infrastructure Limited:

NSDL e-Governance Infrastructure Limited (NSDL e-Gov) was originally setup as a Central Securities Depository in 1996. It has over the years, used its inherent strengths, project management capabilities & technology expertise to deliver state of the art e-Governance solutions, which has helped Governments to identify and clear bottlenecks, promote transparency, reduce service delivery costs and deliver public services efficiently. A recipient of the Golden Peacock Award for Innovation Management, the company has been recognized for its innovative products and services at various national and international forums. NSDL e-Gov works closely with various Government agencies for designing, managing and implementing e-Governance Projects. NSDL e-Gov has also established service centre networks across the country, which serves as access points for the public and are efficiently used to deliver quality services in a user friendly and transparent manner to the citizens.

Visit www.egov-nsdl.co.in for more information.

About Sterling and Wilson:

Sterling and Wilson is an excellent example of how the Shapoorji Pallonji family has nurtured long term associations with its business partners. The Mistry and Daruvala families have been partners in Sterling and Wilson for three generations. Sterling and Wilson has shown an extremely positive growth, from a turnover of INR 2,245 crore in 2012, today the group has crossed a turnover of INR 12,000+ crore. From being a predominantly India focused company in 2010, Sterling and Wilson now operates across the Middle East, Africa, Australia and Europe. From being mainly focused on doing MEP projects in India, the company over the past 10 years has set up global operations in MEP, Diesel Generator sets, Gas-based Power Plants, Waste-to-Energy, Turnkey Data Centers, Transmission & Distribution, and Solar EPC. With its recent foray into Wind and Energy Storage, Sterling and Wilson is perfectly poised to play a pivotal role in the global trend of moving away from thermal plants to a future of renewable energy with storage.  As a responsible corporate entity, Sterling and Wilson has been actively contributing to socio-economic development of the communities in which it operates, through various CSR activities. Visit www.sterlingandwilson.com for more information.

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