-24.95 (-1.41%) Tech Mahindra has bagged largest smart city project worth Rs 500 crore from Pimpri Chinchwad Municipal Corporation (PCMC), Asia’s richest municipal corporation. Through this project, the company will engage with more than 15 lakh citizens of PCMC by enabling technology-led transformation to convert it into a smart and sustainable city.
The project will be executed in a period of 1 year implementation and the operations and maintenance for 5 years. It has been budgeted under the Prime Minister’s Smart Cities mission. The company would help in enabling real-time data management, alerts, and information processing to support city’s administration.
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.