Business Entrepreneur Stories

SREI arm to invest Rs 10 bn on rural IT infrastructure (update).
The VLE or the village level entrepreneur will operate the CSCs, offering a variety of services, which would include program, and facilities that the government would provide in the rural areas like birth certificates, land records among others. SREI Sahaj would add the e-commerce and e-learning products to makes it remunerative for the village level entrepreneur.

“Our plan is to expand to other states and cover a large part of the country through our rural partnership approach. It is a mammoth task, but in our one year of trial, we are convinced that we can achieve our target,“ said Sabahat Azim, CEO, SREI Sahaj e-Village.

Shares of SREI Infra gained Rs 2.05, or 1.44%, to trade at Rs 144.2. The total volume of shares traded was 16,357 at the BSE. (1.41 p.m., Wednesday)

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This entry was posted on Tuesday, July 22nd, 2008 at 11:33 am and is filed under Business Entrepreneurs. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.