By IANS,
Chennai : Tech Mahindra, a software company of the Mahindra & Mahindra group, has set up a new Rs.300 million development centre at Mahindra World City in Paranur, near Chennai.
The company, with revenue of $648 million, will initially house about 400 software engineers at the centre. Tech Mahindra plans to expand it, both in size and investments, over the next 3-4 years.
The company will leverage the new facility to expand its telecom research and development (R&D) businesses, development of its telecom application business and servicing global telecom equipment manufacturers and telecom services providers.
Tech Mahindra vice chairman, managing director and CEO Vineet Nayyar said that the new centre would be integral to the expansion of the company’s service offerings and delivery capabilities.
The company’s other six centres are located in NOIDA (Uttar Pradesh), Pune and Mumbai (Maharashtra), Kolkata, Bangalore and Hyderabad.