Gujarat based leading Bio-metric device manufacturer to set up new unit in Gandhinagar

Ahmedabad: India’s largest domestic Bio-metric Device manufacturer, Ahmedabad based Mantra Softech today said that it has set a target to increase its total revenue by five fold from current Rs 200 crores to Rs 1000 crores in next 4 to 5 years.

Talking to newsmen here Directors of the company Hiren Bhandari and Bhavyen Bhandari informed this.
They said that the company would also increase its export from current 20 crores to 200 crores in the next 3 years. Currently the company was exporting to Middle east and African countries and it would expand it to Latin America, South East Asia, US and Europe too.

‘We will also set up another manufacturing unit in Gandhinagar apart from the one in Gota in Ahmedabad,’ they informed.

Mantra’s products and services are used in various government schemes including Ayushman Bharat, MANAREGA, Pradan Mantri Jeevn Jyoti Bima and Gramin Awas Yojna. The Fingerprint and Iris Sensors of the company set up in 2006 are used in various other government and non government schemes too.

DeshGujarat