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25-May2018

PCS Technology to exit from IT, ITes, facility management services business

PCS Technology has decided to exit from IT and ITes and facility management services business as well, as it is non-profitable business and the company will not renew the existing service contracts with its clients, with effect from April 2018.

The company has taken this decision due to the business activity of IT & ITes and hardware maintenance services are not remunerative and requires highly skilled manpower resources with the back ground of Information Technology. The company's business bears the risks due to the low margins and rising manpower cost in the IT and ITes industry.

PCS Technology is a leading IT solutions company, delivering customized solutions and services for businesses to enhance productivity.


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