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Growth In Progress

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NEC India and NetSol Technologies Thailand have signed a partnership agreement that will enable them to develop and support their businesses in the asset finance and leasing industry within the growing Indian market. With this partnership, NEC will now support NetSol‘s growing customer base by setting up Captive Finance Units, Asset Finance and General Lending operations. This will help both the companies to cater to other key markets in the Asia Pacific region.

NEC is a global technology solutions provider to major financial institutions, automotive and heavy equipment manufacturing companies. NetSol Technologies, is a worldwide provider of global IT and enterprise application solutions that include credit and finance portfolio management systems, SAP consulting and services, custom development, systems integration, and technical services for the global financial, leasing, insurance, energy, and technology markets.

"We are pleased to partner with NEC India and initiate this mutual access to wealth of experience and key industry relationships. It is our goal to provide the best in product and services and this partnership will enhance both NEC and NetSol's mutual position not only in India but throughout the Asia Pacific region." says Salim Ghauri, Chairman and CEO of NetSol TechnologiesPresident Asia Pacific Region.

Koji Oda, Managing Director of NEC India further adds that "with this (partnership), we also look forward to providing local assistance to NetSol's existing customers in India."NEC also plans to utilise NetSol's successful technology platform ‘NetSol Financial Suite' (NFS), to support the lending industry across the Asia Pacific region where it currently manages its client portfolios.