Take Solutions to expand in Latin America
07/07/2015 17:03

IT and consultancy services provider Take Solutions Ltd on Tuesday said it has launched its new Latin America hub in Bogota, Colombia.

TAKE’s expansion into Latin America will take advantage of the many benefits provided by Colombia, the third largest economy in the continent, said Take Solutions Ltd in a filing to the Bombay Stock Exchange on July 07, 2015.

Colombia’s location allows US-based clients to communicate with TAKE’s regulatory professionals in close to or the same time zone. Colombia is also easily accessible from US airports, it added.

The Latin America hub will provide document, report and submission level publishing for simple and complex submission apllications including life cycle management.

Commenting on the development, Take Solutions Ltd, Vice-Chairman and MD, Srinivasan H R said, “We are very positive about our expansion into the Latin American region, enabling the team to function in a central time zone, among other parameters, which in turn allows us to provide better support to our clients. We foresee immense growth in our Life Sciences business via this expansion and will continue to do what is best for the customer.”

Meanwhile, shares of the company closed at Rs 101.85 apiece, down 1.26 per cent, from previous close on BSE.