Tata Consultancy Services Wins 5-Year Multi-Million Dollar Deal as ArvinMeritor's...
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Tata Consultancy Services Wins 5-Year Multi-Million Dollar Deal as
ArvinMeritor's Global Engineering Partner
MUMBAI, India, March 31 /PRNewswire/ -- Tata Consultancy Services (TCS),
(BSE: TCS.BO, NSE: TCS.NS) a leading IT services, business solutions and
outsourcing organization, today announced it has signed a five-year,
multi-million dollar contract to be the global engineering partner of
ArvinMeritor (NYSE: ARM), a premier global supplier of a broad range of
integrated systems, modules and components to the motor vehicle industry.
As part of the agreement, TCS will support the localization and
globalization efforts of ArvinMeritor's engineering capabilities including
product development and support for specific product lines in the Asia Pacific
region. TCS will set up a global engineering center in Pune, India that will
provide a broad range of product engineering services to cater to the global
needs of ArvinMeritor with a specific focus on the Asian market.
"ArvinMeritor will be focusing on the Asia Pacific region where we are
experiencing tremendous growth," explained Tom Watson, Vice President,
Engineering & Technical Planning, Light Vehicle Systems, ArvinMeritor. "While
our current engineering workforce serves us well in Western Europe and North
America, our growth objectives require expansion of our engineering footprint.
Automotive capability, domain knowledge, proven track record, global presence,
robust collaboration processes and commitment to our success were important
parameters in the selection of a suitable partner and TCS was the clear
choice."
Regu Ayyaswamy, Vice President, Engineering and Industrial Services, TCS
said, "We are pleased to be chosen as ArvinMeritor's engineering partner as
part of their global growth strategy. As ArvinMeritor extends its current
competencies to new product categories through use of electronics and control
technologies, TCS along with its Group company INCAT will deliver end-to-end
comprehensive solutions to support ArvinMeritor. Our Global Network Delivery
Model(TM) will seamlessly ensure that ArvinMeritor experiences certainty in
all aspects of our relationship in any part of the globe."
TCS' Engineering and Industrial Services (EIS) business unit provides a
wide spectrum of engineering enterprise solutions across diverse industry
verticals from Aerospace to Utilities. It helps customers drive information
integration across their value streams to include the engineering of products
and production facilities, and the efficient management of capital assets and
production. Operating for the last two decades, EIS brings a powerful
combination of vision, skills, know-how, alliances, and delivery capabilities
to bear on each program delivered.
About ArvinMeritor
ArvinMeritor, Inc. is a premier global supplier of a broad range of
integrated systems, modules and components to the motor vehicle industry. The
company serves commercial truck, trailer and specialty original equipment
manufacturers and certain aftermarkets, and light vehicle manufacturers.
Headquartered in Troy, Mich., ArvinMeritor employs approximately 18,000 people
in 24 countries. ArvinMeritor common stock is traded on the New York Stock
Exchange under the ticker symbol ARM. For more information, visit the
company's Web site at: http://www.arvinmeritor.com/.
About Tata Consultancy Services
Tata Consultancy Services is an IT services, business solutions and
outsourcing organization that delivers real results to global businesses,
ensuring a level of certainty no other firm can match. TCS offers a
consulting-led, integrated portfolio of IT and IT-enabled services delivered
through its unique Global Network Delivery Model, recognized as the benchmark
of excellence in software development. A part of the Tata Group, India's
largest industrial conglomerate, TCS has over 108,000 of the world's best
trained IT consultants in 47 countries. The Company generated consolidated
revenues of US $4.3 billion for the fiscal year ended 31 March, 2007 and is
listed on National Stock Exchange and Bombay Stock Exchange in India. For more
information, visit us at http://www.tcs.com.
Note: This TCS release and other news announcements are available as part
of an RSS feed at http://www.tcs.com.
SOURCE Tata Consultancy Services
Global-India, +91 22 6750 9999, pradipta.bagchi@tcs.com, or USA-Canada,
+1-646-313-4594, m.mccabe@tcs.com, or APAC, +65 6372 4931,
vishwendra.v@tcs.com, or UK, +44 (0) 207 235 4613, Keith.Sharp@tcs.com, or
Europe, +44 (0)207 245 1388, Ross.Roy@tcs.com, or Latin America, +56 (2)
2511604, daniela.bertoglia@tcs.cl, all of Tata Consultancy Services
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