Tech Mahindra Signs an Agreement with Bombardier
MONTREAL, September 4, 2014 /PRNewswire/ --
Tech Mahindra Ltd. specialist in digital transformation, consulting and business re-engineering today announced that it has signed an agreement with Bombardier Aerospace. As part of this engagement, Tech Mahindra will provide engineering solutions to Bombardier.
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Tech Mahindra and Bombardier have signed a mutual agreement that will lead Tech Mahindra to work with Bombardier globally. Tech Mahindra plans to invest significantly in infrastructure and talent in the Montréal region. Tech Mahindra aims to grow its Canada team to 1,200 people in the next five years.
"This is a major win for Tech Mahindra," said Lakshmanan Chidambaram, Head - North America, Tech Mahindra. "Our deep domain expertise in Aerospace and Engineering coupled with the ambition of growing Canada as an Aerospace headquarters will be beneficial for our North American and Global customers."
"Tech Mahindra has been a supplier for Bombardier for many years now. Bombardier is happy to develop its relationship with Tech Mahindra," said Kristopher Pinnow, Vice-President, Chief Procurement Officer of Bombardier Aerospace. "Our focus shall be on supporting more efficiently the existing platforms while developing newer products in a cost effective manner."
Tech Mahindra has recently announced its plans to create jobs in Canada and aims to develop an eco-system to grow local economy. The company is present in the region since 2005 and has been servicing key clients across North America.
About Tech Mahindra
Tech Mahindra is a specialist in digital transformation, consulting and business re-engineering solutions. We are a USD 3.2 billion company with 92,000+ professionals across 51 countries. We provide services to 632 global customers including Fortune 500 companies. Our innovative platforms and reusable assets connect across a number of technologies to deliver tangible business value to all our stakeholders. Tech Mahindra is also amongst the Fab 50 companies in Asia as per the Forbes 2014 List.
We are part of the USD 16.5 billion Mahindra Group that employs more than 180,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology, financial services and vacation ownership.
Connect with us on http://www.techmahindra.com
Disclaimer
Certain statements in this release concerning the future prospects of Tech Mahindra Limited ("the Company" or "TechM") are forward-looking statements. These statements by their nature involve risks and uncertainties that could cause Company's actual results differ materially from such forward looking statements. The Company, from time to time, makes written and oral forward-looking statements based on information available with the management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.
SOURCE Tech Mahindra Ltd
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