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BAPL selects In4velocity for its Durgapur Airport Project
By siliconindia
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Monday, 21 June 2010, 19:20 IST
Bangalore: Bangalore based In4velocity Systems, a provider of Real Estate and Infrastructure solutions, has announced that it has partnered with GENPACT, a Business Process Management company, for a 5-year contract to provide its product In4Suite as the product platform of choice, for the Development of the Durgapur Airport, currently underway.
Bengal Aerotropolis Projects (BAPL), a specialist company engaged in the development of Aerotropolis projects in India, had selected GENPACT as the service partner giving it a 5-year contract which in turn has partnered with In4velocity Systems to provide the product platform for managing the construction, sales and leasing of the Aerotropolis.
"We are excited to work with BAPL to realize the plans of executing an exciting and challenging development project that is coming up in Durgapur," said Rahul Chawla, CEO, In4velocity Systems.
Bengal Aerotropolis Projects is developing India's first set of Airport Cities Aerotropolis in Durgapur by utilizing the best elements of international urban design and operational efficiencies through strategic alliances and partnerships. BAPL's Aerotropolis project, in Durgapur, is expected to be operational by 2011-12. The Aerotropolis project, which is expected to be completed in a span of 5 to 7 years, will involve a total investment of approximately 
10,000 crores through various strategic development partners. Changi Airports International of Singapore has taken a 26 percent stake in BAPL and CAI CEO Wong Woon Liong and Deputy CEO Eugene Gan have joined the BAPL board.
"We are pleased to have In4velocity System to partner with Genpact in providing us with innovative solution for a specialized set of requirements for this unique project," said Subrata Paul, Director & CEO, BAPL.
10,000 crores through various strategic development partners. Changi Airports International of Singapore has taken a 26 percent stake in BAPL and CAI CEO Wong Woon Liong and Deputy CEO Eugene Gan have joined the BAPL board.
"We are pleased to have In4velocity System to partner with Genpact in providing us with innovative solution for a specialized set of requirements for this unique project," said Subrata Paul, Director & CEO, BAPL.