India’s largest software exporter Tata Consultancy Services (TCS) has signed up a multi-year agreement worth $120 million with US automaker Chrysler to offer up a complete range of IT services.
Under the deal, TCS will deliver application, maintenance and support services to Chrysler. The IT services initiative will cover a part of the functional areas within Chrysler including sales and marketing and shared services.
N Chandrasekaran, the executive director and chief operating officer of TCS said, “This partnership is a testament to TCS’ competencies and capabilities, which continues to help its customers in business transformation by providing innovative IT services scalable to their needs.”
TCS and its divisions offer various information technology (IT) and consultancy services, and software solutions throughout the world. The company provides services to lots of automotive original equipment manufacturers (OEMs) and tier-I companies in North America, Europe and Japan.
The automotive industry accounted for 15.1% of TCS' full-year 2007 global revenues, which stood at $4.3 billion.
Recently, TCS reveals its investment plan of Rs 750 crore in Hyderabad for infrastructure facilities.
The company has also decided to invest THB 32 million in Thailand for software production and development.
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