30. DIVERSIFICATION : Result In Growth

While most companies were lamenting about the slowdown, Multiple Zones utilized market conditions to put its processes in place and making it web-enabled. The company grew by 24 percent to post Rs 63 crore as compared to Rs 51 crore in the last fiscal. It also climbed up from its erstwhile #38 rank to #30 in the Next 25 Group.

Multiple Zones got into a diversification mode and started designing and deploying networks and software development. Its web venture, www.officezone.com generated over Rs 5 crore in revenues. 

Multiple Zones worked closely with Accenture to develop the technology driving FabFlow, an ERP suite targeted at garment exporters. "We are looking at taking FabFlow overseas too," says Manpreet Singh, CEO. Manpreet is looking at spinning off the software entity to help get funding to take the product abroad. But this will have to wait a while.

Immediate on the company´s agenda is providing solutions to its customer base through networking servicesand it has set a target of Rs. 100 croreby the end of the current fiscal.