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FINANCIAL NEWS
Dubai?s CMCS expands into Indian market
25 Apr 2010
(MENAFN) The Chief Executive Officer at Collaboration, Management and Control Solutions (CMCS) said that the UAE-based company has opened a new office in India to tap into the country?s $80 million project management sector, according to a press statement.
CMCS, a leading provider of project portfolio management solutions, said the newly-established unit (CMCS-India) will target up to 10 percent market share in its first year of operation.
The company’s strategy for the Indian market will be based on relationship marketing with lead implementers, vertical specialization in five main industry segments, and a focus on key government establishments where CMCS already has proven international case models, said a senior official.
CMCS-India will target the main industry sectors of architecture/engineering/construction (AEC), manufacturing, oil and gas and media, all of which local partners have strong expertise in, he added.
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