Tech mahindra
Tech mahindra

Tech Mahindra launches Offshore Development Center for BASF IT Services in Chennai

Hyderabad, India – 7 July, 2010 – Tech Mahindra, the new brand identity of Satyam Computer Services Ltd. (NYSE:SAY), a leading global consulting and IT services provider, today announced the launch of an Offshore Development Centre (ODC) for BASF IT Services at one of its offices in Chennai. The ODC was inaugurated by Dr. Ralf Sonnberger, Managing Director, BASF IT Services in the presence of an executive delegation from BASF IT Services and Tech Mahindra.

The state of art ODC for BASF IT Services housed in Tech Mahindra’s development centre in Chennai provides managed services for the company’s extensive installed base of SAP, messaging and groupware as well as user administration.

Speaking at the launch of the ODC, Dr. Ralf Sonnberger, Managing Director, BASF IT Services said, “We are pleased with our association with Tech Mahindra. This development will serve as a great platform for further business value opportunities. We have experienced great quality and considerable efficiency gains in our engagement with Tech Mahindra till date. We are confident of enjoying the same, in the years to come.”

The setup of this ODC is aimed at enabling process and quality enhancements thereby helping BASF to deliver world-class services at competitive prices to its customers. Currently, there are 150 associates operating out of this ODC with plans to ramp up to 500 associates by 2011 in order to extend services to BASF in North and South America and for the Asia Pacific region.

CP Gurnani, CEO, Tech Mahindra said “The launch of this ODC demonstrates our commitment to BASF IT services and our customers as a whole. With dedicated resources and an enhanced focus towards BASF IT Services, we expect to provide greater levels of customer delight.”

About Tech Mahindra

Tech Mahindra (NYSE: SAY) is a leading global business and information technology services company that leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance.

The company's professionals excel in enterprise solutions, supply chain management, client relationship management, business intelligence, business process quality, engineering and product lifecycle management, and infrastructure services, among other key capabilities.

Tech Mahindra is part of the $11.1 billion Mahindra Group, a global industrial federation of companies and one of the top 10 business houses based in India. The Group’s interests span automotive products, aviation, components, farm equipment, financial services, hospitality, information technology, logistics, real estate and retail.

Tech Mahindra development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve numerous clients, including many Fortune 500 organizations.

For more information, see www.mahindrasatyam.com

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Safe Harbor

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Tech Mahindra undertakes no duty to update any forward-looking statements.

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Tech Mahindra represents the connected world, offering innovative and customer-centric information technology services and solutions, enabling Enterprises, Associates and the Society to Rise™. We are a USD 4.1 billion company with 112,800+ professionals across 90 countries, helping over 825 global customers including Fortune 500 companies. Our innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value to our stakeholders. Tech Mahindra is also amongst the Fab 50 companies in Asia as per the Forbes 2016 List.

We are part of the USD 17.8 billion Mahindra Group that employs more than 200,000 people in over 100 countries. The Group operates in the key industries that drive economic growth, enjoying a leadership position in tractorsutility vehicles,after-marketinformation technology and vacation ownership.

Connect with us on www.techmahindra.com

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