Tech Mahindra to step up China focus
Pune-based information technology (IT) services provider Tech Mahindra plans to extend its software solutions to the automotive, healthcare, manufacturing and retail sectors in China.
The company is planning to leverage frontier technologies such as Internet of Things (IoT), robotic process automation (RPA), artificial intelligence (AI), machine learning (ML) and cloud migration services, an official statement said.
"We are working closely with local talent in China to leverage new-age technologies to create cutting edge solutions. We look forward to a strong decade of India–China ties, to create new revenue streams and fuel technology-led innovation to create a globally sustainable future," said Chander Prakash Gurnani, managing director and chief executive officer, Tech Mahindra.
China has been a key growth contributor for the company with more than 1,200 employees working in its offices in China, said Amitava Ghosh, senior vice-president, North Asia, Tech Mahindra.
Tech Mahindra forayed into the Chinese market in 2002 and has set up over 2,000 projects till date in the Great China region.
Earlier this month, it was reported that the IT company has launched the second iteration of its AI- and ML-driven lifecycle management platform GAiA.
Tech Mahindra had announced plans to collaborate with blockchain solutions provider BlockApps to encourage adoption by enterprises.
In July, the company completed the acquisition of American design consultancy firm Mad*Pow. The acquisition is likely to boost Tech Mahindra's customer experience and digital transformation capabilities.