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June 3, 1999
GE Cap to set up IT enabled services unit in HyderabadGE Capital International Services, a wholly owned subsidiary of GE Capital, today signed a memorandum of understanding with the Andhra Pradesh government to set up a remote processing business facility for IT enabled services.
The facility is to be located in Hyderabad.
As per the MoU, GECIS will purchase land from state owned enterprise APIIC for expansion of its IT enabled services (remote processing) business, duly availing the incentives available under the IT incentives policy recently announced by the state government.
The following is the list of activities of the IT enabled services of GECIS:
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