Esri India Marches Ahead with 51% Indian Ownership
Agendra Kumar, MD, Esri India consolidates his holding in the leading GIS Software and Solutions Company of India
Esri India, the country’s leading Geographic Information System (GIS) Software & Solutions provider has today announced that its Managing Director, Agendra Kumar has consolidated his holding in the company to over 51%. This move will strengthen Esri India’s leadership position as the leading GIS Software and Solutions company in India.
Agendra Kumar, Managing Director, Esri India, said, “Esri India started as a JV between NIIT and Esri Inc. in 1996, NIIT being the majority partner. Esri India has been in a transition phase since 2019 when NIIT Technologies Ltd. was taken over by Baring PE and NIIT’s holding in Esri India was acquired by Esri Inc. With this step of 51% Indian ownership, Esri India will again be recognized as an Indian company under the guidelines of DPIIT and DST.
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