DEV IT Secures ₹2.79 Crore Order from GIFTCL for Web Portal and Digital Twin
Dev Information Technology Limited (DEVIT) secured a ₹2.79 Crore order from Gujarat International Finance Tec-City Company Limited (GIFTCL). The project includes developing GIFT City's web portal, a Digital Twin platform, and a digital walkthrough experience. The contract has an approximate execution period of two years.
The order value of ₹2.79 Crores is significant for a company of DEVIT's size, indicating a positive impact on its revenue and business growth.
The company has secured a new order, which is a positive development for its business.
Dev Information Technology Limited (DEVIT) has been awarded a significant work order by Gujarat International Finance Tec-City Company Limited (GIFTCL). The project involves the design, development, and implementation of the GIFT City web portal, complemented by a Digital Twin platform and a digital walkthrough experience for citizens.
This initiative aims to establish a centralized, technology-driven platform for real-time visualization, project monitoring, and improved citizen engagement through advanced digital interfaces.
The total project value is approximately ₹2.79 Crores, excluding GST. The order includes defined timelines for the development of the website and the digital twin, followed by an Annual Maintenance Contract (AMC) for post-go-live support to ensure continuous operation and enhancements. The execution period for this contract is approximately two years.
This order has been awarded by a domestic entity, and it does not fall within related party transactions. DEVIT's scope of work focuses on creating a sophisticated digital ecosystem for GIFT City.
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Dev Information Technology Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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