NETSOL Signs Expansion Agreement with Major Automaker Increasing Total Contract Value to Over $30 Million

Core Insights - NETSOL Technologies, Inc. has signed a new agreement with a major automaker to support operations in China, valued at over $30 million over five years, contributing to revenue growth in fiscal 2025 and beyond [1][2] - The CEO of NETSOL anticipates this contract will lead to double-digit revenue growth in fiscal 2025, marking a new stage of growth for the company in the Asia Pacific market [2] - NETSOL China holds a dominant market share in the country and expects this contract to nearly double its revenue over the agreement's term [2] Company Overview - NETSOL Technologies is a global leader in asset finance and leasing solutions, serving automotive OEMs, auto captives, and financial institutions across over 30 countries since its inception in 1996 [3] - The company is recognized for its technological innovations, including advanced AI and cloud services, and maintains a strong customer-centric approach [3] - NETSOL is committed to ethical business practices and sustainability, positioning itself as a trusted partner for leading firms globally [3]