Tech Mahindra to up U.S./Europe hiring - CEO
DAVOS (Reuters) - Tech Mahindra(TEML.NS), India's fifth-largest software services provider, will increase local hiring in the United States and Europe as it seeks to become a more international partner to its customers, Chief Executive C P Gurnani said.
"I strongly believe that any company that only depends on the India-centric outsourcing model is only counting days," Gurnani told Reuters in Davos on Tuesday.
Video: Innovation key to survival: Mahindra Satyam CEO reut.rs/XxEttC
Tech Mahindra, part of India's $15.9 billion Mahindra group, has opened centres in Belgium, the Netherlands and Germany.
"We've all reached a size and scale; some of us have clearly had to become a lot more international," Gurnani said.
Tech Mahindra, which is in the process of merging with its Satyam Computer Services (SATY.NS) unit, aims to double the combined revenue to about $5 billion by 2015.
(Additional reporting and writing By Harichandan Arakali in Bangalore; Editing by Will Waterman)
- Tweet this
- Share this
- Digg this
Trending On Reuters
Prime Minister Narendra Modi may consider using an executive order to push through laws overhauling the insurance and coal sectors, if the increasingly fractious parliament fails to pass them soon, two government officials said on Friday. Full Article