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Indian IT firm set to invest in east Africa
Wed, 05 May 2010 16:25
By TradeInvest Africa Staff



Indian multinational firm The Institute of Hardware Technology says it’s setting up shop in East Africa to take advantage of opportunities in the region’s information technology sector, according to a report in the Daily Monitor.

Umesh Chaudhary, managing director of the IT training company, says Rwanda or Uganda, due to the ease of starting businesses, might be the company’s entry point to the region.

The company plans to set up in Uganda through a master franchisee which will provide services with their technical and financial support, based on the company’s global business model.

IHT also intends to replicate its model in India by extending IT training services in both urban and rural areas to improve IT access. 

Global companies which recruit staff from the firm include; IBM, Bharti Airtel, TATA, Compaq, Siemens and The Gillette Company among others.

Indian firms that have invested in Uganda recently, include telecoms firms Essar Group and Bharti Airtel, and tea companies Jay Shree and McLeod’s.

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