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Dev Information Technology Wins INR 29 Lakh AutoCAD Licensing Order from GIFT City

Story Highlights
  • Dev Information Technology will supply three-year AutoCAD licences to GIFT City’s DTA area under a fixed-cost contract worth about INR 29 lakh.
  • The GIFT City order bolsters DEVIT’s positioning as a technology partner to government-led infrastructure and smart-city projects in specialised design workflows.
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Dev Information Technology Wins INR 29 Lakh AutoCAD Licensing Order from GIFT City

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Dev Information Technology Ltd ( (IN:DEVIT) ) has issued an update.

Dev Information Technology Limited has secured a fixed-cost order worth approximately INR 29 lakh from Gujarat International Finance Tec-City (GIFT), an undertaking of the Gujarat Government, for the procurement of AutoCAD licences with a three-year subscription for the DTA area of GIFT City. The contract, to be executed over roughly three years, strengthens DEVIT’s presence in government-linked infrastructure and design technology projects, underlining its role as a technology partner for specialised platforms that support architectural design, structural engineering, MEP and construction workflows, and potentially enhancing its credentials in the urban development and smart-city ecosystem.

More about Dev Information Technology Ltd

Dev Information Technology Limited is an India-based IT services company offering cloud services, managed IT services, digital transformation solutions, and enterprise, business and mobile application services. The company operates from offices in Gujarat, Maharashtra, Rajasthan and Canada, serving a broad base of domestic and international clients across technology-driven segments.

Average Trading Volume: 10,730

Technical Sentiment Signal: Sell

Current Market Cap: 1.72B INR

Learn more about DEVIT stock on TipRanks’ Stock Analysis page.

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