Tech Mahindra sets up delivery centre in Belgium

Image
Press Trust of India New Delhi
Last Updated : Apr 08 2014 | 7:28 PM IST
IT services firm Tech Mahindra today said it has set up a new 120-seater delivery centre in Antwerp, Belgium, a move aimed at strengthening its operations in the European region.
Following the recent opening of a delivery centre in Dusseldorf in Germany, this new Belgian facility is the next important milestone in the growth journey as the company derives 31 per cent of its revenues from European markets.
The Mumbai-based firm already has a development centre in Brussels and with the opening of this second Belgian delivery centre, the company aims at further growth in the region.
"Antwerp delivery centre will further accelerate a hub and spoke delivery model for the Benelux region. This new location reflects our deep commitment to customers in the region and will also help us deliver real-time near-shore services," Tech Mahindra Head (Telecom) Europe Vishaal Gupta told PTI.
This centre will cater to clients in Belgium, Netherlands and other Nordic countries, he added.
It is great to see business houses like Mahindra creating local presence in all markets globally, Ambassador of India to Belgium Manjeev Singh Puri said.
Tech Mahindra is committed in its vision of actively driving positive change in those regions through various initiatives, including creating job opportunities and partnering with academia, Puri added.
For the December quarter, the company posted a revenue of USD 791 million, while net profit stood at USD 163.1 million.
The company had 605 active clients and a total workforce of 87,399 people for the period ended December 31, 2013.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 08 2014 | 7:28 PM IST

Next Story