Tech Mahindra Ltd.

BSE: 532755 | NSE: TECHM
Large Cap | IT - Software
1763.75
39.95 (2.32%)
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Tech Mahindra plans to increase global seating capacity by another 30,000

Date: 22-12-2014

Tech Mahindra is planning to increase its global seating capacity by another 30,000 in the next two years, taking the total capacity to 1.25 lakh. The expansion will mainly focus on three major cities Hyderabad, Bengaluru and Pune and three tier-II cities Visakhapatnam, Jaipur and Bhubaneswar. At present, the fifth largest IT Company of the country has a seating capacity of 95,000 globally.

Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra. The company, since 2002 has operations in China with offices in Beijing, Shanghai, Nanjing and Guangzhou.