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Mahindra Satyam to revitalize plan of setting up facility at Nagpur SEZ

15 May 2012 Evaluate

Mahindra Satyam, formerly Satyam Computer Service, is all set to revitalize plans to set up a facility in Mihan (Multi-modal International Cargo Hub and Airport) SEZ at Nagpur. In this regard, the company moved toward the Ministry of Commerce to extend the validity of the project for two more years.

The letter of approval for the project with a preliminary validity of a year had expired in June 2009 and later, on a request from the company, it was extended till July this year.

The company had been the first investor in the SEZ and was allotted 128 acres of land. However, after the Satyam scam broke out in 2009 the project was put on hold by the new management.

Mahindra Satyam has a large and well-established Practice in Enterprise Content Management (ECM) Solutions. Mahindra Satyam offers consulting, implementation and support for a wide array of content management solutions including Document Management, Web Content Management, Digital Asset Management, Records Management and Imaging Solutions across Industries and geographies.

Peers
Company Name CMP
TCS 2445.75
Infosys 1179.90
HCL Tech. 1222.70
Wipro 199.15
Tech Mahindra 1376.95
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