Indian IT company expands in Sydney
17 April 2012
Multinational Indian IT companies Mahindra Satyam and Tech Mahindra will expand their Sydney operations, creating hundreds of jobs.
Acting Minister for Trade and Investment George Souris said Mahindra Satyam and Tech Mahindra would create the jobs over the next three to five years at their Australian headquarters in Sydney.
"The additional staff will be employed in highly skilled IT infrastructure and project management roles in North Sydney and Chatswood," Mr Souris said.
"The expansion in Sydney of these two global companies, Mahindra Satyam and Tech Mahindra, is further endorsement of our State's position as an IT hub in the Asia Pacific."
In March 2012, Mahindra Satyam and Tech Mahindra announced a merger between the two companies.
Mahindra Satyam, part of the Mahindra Group headquartered in Hyderabad, India is a global systems integrator focused on financial services, manufacturing, public sector, retail, health and life sciences and several other industries. Mahindra Satyam has an international footprint through operations in more than 31 countries with 17 sales offices and 15 delivery centres
Tech Mahindra, part of the Mahindra Group headquartered in Mumbai, India, is a global systems integrator focused on the telecommunications industry.
Mr Souris said the group's decision to expand its IT business in Sydney underlined the growing partnership between NSW and India.
"NSW and India enjoy strong people-to-people links and a robust trade and investment relationship due to our complimentary economies," Mr Souris said.
"This relationship will be further enhanced next month when Sydney hosts CeBIT Australia 2012, the largest technology exhibition in the Asia Pacific, which sees India as the partner country this year."