The Company is engaged in the area of the business as defined above and has customers spread in various regions globally. One of the significant markets of the Company is United States of America, where the Company has been operating through a branch office for many years. Considering the increasing business operations and to have a more effective legal and business structure of operations in United States of America markets, the company believes that operating through a local USA domiciled Entity and thereby upgrading the legal/business presence of the Contributor in USA is the need of its business.