NTT to integrate its business entities in India

20 Nov 2020 Editorial Team

NTT told news sources that the focus of the new entity would be on different segments of revenue and will compete directly with other Indian technology service providers. They said that the integration would make the company's position in India unique and they would be among the top two or three IT companies that have been targeting the domestic market. This propagates NTT's global commitment that India is one of the most important markets.

The announcement to integrate the business units was made back in July 2019 by the parent company and is scheduled for completion by January 2021. The decision has been followed by similar integrations of numerous NTT units in other countries.

NTT has been planning to develop new products with cross-functional R&D teams, by combining groups across disciplines in all the three organisations. Netmagic claims to have a vast knowledge of data centre and cloud and NTT is one of the largest network providers globally. Along with this, dimension data brings along extensive knowledge of enterprise and digital transformation.

The following six core areas have been identified by the company—digital transformation, customer experience, data centre and hybrid cloud, intelligent workplace, networking and cybersecurity. The range of services of the three organisations (Netmagic, NTT Com India, NTT India) will be bucketed into these six themes, with an expected outcome to be an unbeatable combination in the country.

Netmagic witnessed growth at a compounded annual growth rate (CAGR) of 30%, and NTT India has been growing at a compounded annual growth rate of 20%, according to the company. For the new combined areas of services, the company will also hire more people and elevate leaders to new positions.

Japanese technology services provider NTT will wrap up the integration of three of its business entities in India in January, and Sharad Sanghi has been appointed to lead the combined entity for global data centres and cloud infrastructure in India. Netmagic provides data centre and cloud services, while NTT Com India offers network services and NTT India works in the field of managing services and system integrations. NTT told news sources that the focus of the new entity would be on different segments of revenue and will compete directly with other Indian technology service providers. They said that the integration would make the company's position in India unique and they would be among the top two or three IT companies that have been targeting the domestic market. This propagates NTT's global commitment that India is one of the most important markets. The announcement to integrate the business units was made back in July 2019 by the parent company and is scheduled for completion by January 2021. The decision has been followed by similar integrations of numerous NTT units in other countries. NTT has been planning to develop new products with cross-functional R&D teams, by combining groups across disciplines in all the three organisations. Netmagic claims to have a vast knowledge of data centre and cloud and NTT is one of the largest network providers globally. Along with this, dimension data brings along extensive knowledge of enterprise and digital transformation. The following six core areas have been identified by the company—digital transformation, customer experience, data centre and hybrid cloud, intelligent workplace, networking and cybersecurity. The range of services of the three organisations (Netmagic, NTT Com India, NTT India) will be bucketed into these six themes, with an expected outcome to be an unbeatable combination in the country. Netmagic witnessed growth at a compounded annual growth rate (CAGR) of 30%, and NTT India has been growing at a compounded annual growth rate of 20%, according to the company. For the new combined areas of services, the company will also hire more people and elevate leaders to new positions.

Infrastructure Urban

07 Oct 2025

Paras Defence Subsidiary Wins Rs 460 Mn Anti-Drone Order

Paras Defence and Space Technologies (PDST) saw its shares rise 1.5 per cent to Rs 701 after its subsidiary, Paras Anti-Drone Technologies, secured a defence contract from the Ministry of Defence, Government of India, valued at approximately Rs 460.19 million.The order covers the supply of Anti-Drone Systems, including Drone Jammers, marking a significant milestone for Paras Anti-Drone in India’s growing counter-UAV segment. The contract is scheduled for execution by March 2026. According to official filings, the award is from a domestic entity, not a related party transaction, and no promot..

Building Material

07 Oct 2025

Jindal Stainless Launches First Stainless Steel Fabrication Unit in Mumbai

Jindal Stainless, India’s largest stainless steel manufacturer, through its subsidiary Jindal Stainless Steelway (JSSL), has inaugurated its first stainless steel fabrication unit at Washivali, Patalganga, Mumbai. The 4 lakh sq ft facility is designed to serve the bridge sector, fabricating critical components such as girders, arches, nuts, bolts, and handles. The unit was inaugurated by CEO & CFO Tarun Khulbe in the presence of senior leadership.Developed with an initial investment of Rs 1.25 billion, the facility strengthens Jindal Stainless’ position as a provider of end-to-end fabr..

Infrastructure Energy

07 Oct 2025

Hero Future Energies Secures Rs 19.08 Bn for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19,080 million in funding from State Bank of India (lead) and Canara Bank for the development of its 120 MW renewable energy (RE) hybrid project in Kurnool, Andhra Pradesh.The project, contracted with SJVN, integrates wind, solar, and storage technologies to provide reliable peak power. The funding, structured with a 21-year repayment tenure, will support timely project execution and the commencement of commercial operations.This financial closure underscores the banking community’s confidence in ..