Dhaka, Bangladesh (BBN) – Ramco Systems of India seeks a slice of a burgeoning market in Bangladesh for tapping business from the public, power and banking sectors.

“Bangladesh as a market is underserved and is on the threshold of a new phase of growth. We believe our suite of offerings, along with the rich expertise and understanding gained in the Indian sub-continent, will help us gain a strong foothold in this new territory,” Ramco Systems Executive Vice-President (India, Middle East and Africa) R Shankar was quoted by The Daily Star, a local newspaper, as saying.

He, however, declined to comment on the investment the company will make in Bangladesh. The Bombay Stock Exchange-listed Ramco Systems will partner with a local firm, Computer Source.

Software and service provider Ramco Systems, a part of the $875 million Ramco Group, has more than 1,400 employees operating out of 14 offices in nine countries.

The company provides solutions for multiple areas including banking, insurance, manufacturing, supply chain, aviation.

BBN/SI/AD-14Dec10-12:35 am (BST)