Mahindra Engineering to merge with Tech Mahindra

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Mahindra Engineering to merge with Tech Mahindra 
The Board of Directors of Tech Mahindra Limited (Tech Mahindra) andMahindra Engineering Services Limited (MES), in their respective meetings, have approved a proposal to merge MES with Tech Mahindra, according to the latest update.

This merger will see the creation of one of the prominent players providing engineering services from India with strengths in the Aerospace and Automotive verticals.

Karthikeyan Natarajan, Global Head - Integrated Engineering Services, Tech Mahindra, said, "Mahindra Engineering Services (MES) and Tech Mahindra's Integrated Engineering Services (IES) merger strengthens the existing services portfolio, enhances presence in the US and Germany, provides scale and brings in new clients for further expansion. Our Innovation and Product development expertise synergizing with the MES domain expertise enables the most comprehensive solution portfolio for our customers and the world at large".

This merger is a big leap for us towards addressing growing business demands. Our joint go-to-market strategy will help us capture newer markets and enhance our service portfolio especially in Aerospace and Embedded services segments while bringing value to all our stakeholders, stated Prashant Kamat, CEO, Mahindra Engineering Services Limited.

MES will benefit due to the larger global reach and deeper resource pool of Tech Mahindra.....See More

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