ITC Infotech Secures Long-Term Technology Transformation Deal with NAM India

Manufacturing-News
Image Courtesy: ITC Infotech

ITC Infotech, a global provider of technology services and solutions, has signed a multi-year agreement with NAM India (NSE: NAM-India), one of the country’s top asset management companies. Under this long-term engagement, ITC Infotech will take charge of modernizing and managing NAM India’s core technology landscape, spanning applications, infrastructure, and cybersecurity. The partnership also aims to accelerate data, digital, and AI-led initiatives across the organisation.

As part of the collaboration, ITC Infotech will also offer strategic technology consulting and establish a dedicated Offshore Development Center (ODC) in Mumbai to improve delivery speed, teamwork, and overall execution quality. This association represents a significant step forward for ITC Infotech in strengthening its presence in the financial services domain by supporting NAM India in building a more agile, resilient, and modern technology environment.

Abhijit Shah, Chief Technology Officer, Nippon Life India Asset Management Ltd, noted, “We believe our work with ITC Infotech will help reinforce our technology foundations, improve operational strength, and enhance our ability to respond quickly to market needs. This partnership is an essential move toward developing a truly future-ready enterprise.”

Vishal Kumar, President & Regional Head – India, APAC & MEA, added, “We look forward to partnering with Nippon Life India Asset Management Ltd. as they advance their transformation goals. Our sector knowledge and technology strengths will support NAM India in realizing its ambition of becoming a digital-first institution.” The collaboration highlights ITC Infotech’s strong credentials in modernizing financial organizations through digital transformation, reinforcing its role as a trusted partner for innovation and long-term growth in the BFSI sector.

ITC Infotech is a global technology services and solutions company focused on business and technology consulting. The organization helps enterprises stay competitive through solutions that combine digital capability, industry-specific alliances, and deep domain expertise drawn from ITC Group businesses. Its offerings serve clients in Banking & Financial Services, Healthcare, Manufacturing, Consumer Goods, Travel, and Hospitality through a blend of traditional and modern delivery models.

NAM India is one of the country’s prominent financial institutions, providing a broad range of investment and wealth management services. With a nationwide footprint, the company is known for its focus on customer needs, innovation, and reliability. Its offerings include mutual funds, portfolio management services, and alternative investment products, supporting both individual and institutional investors in meeting their financial objectives.