Tech Mahindra to set up software development centre at Hyderabad
11 Jan 2007
The new facility will be capable of housing 3,000 software engineers and will have all modern facilities like video conferencing, training centres, food courts, a gymnasium and a sports complex spread over 8.43 acres. The green complex to be built in the form of campus will have rain water harvesting mechanisms, an in-house sewage treatment plant to recycle water and minimize the impact on environment. The structures will be built encompassing intelligent building management system with intelligent lighting systems.
C P Gurnani, president, international operations, Tech Mahindra and Ratna Prabha principal secretary, IT &C department, government of Andhra Pradesh, recently signed a MoU for the acquisition of the land.
On the announcement of Tech Mahindra's Hyderabad campus plans, Gurnani said, Tech Mahindra has been on a continuous journey of transformation, addressing new players in the telecom ecosystem and expanding service lines. We have chosen Hyderabad because of its rapidly developing infrastructure, IT-friendly policies and access to a high quality pool of software professionals. Hyderabad is integral to the expansion of the company's service offerings and delivery capabilities. The huge presence of many of Tech Mahindra's ecosystem Partners in the city makes it further more attractive" he further added.
Founded in 1986, Tech Mahindra is majority stake owned by Mahindra & Mahindra, in partnership with BT Plc and had revenues of Rs1,242.7 crore in the year ended March 31, 2006. The company is India's 8th largest software exporter.
