CMP : Rs 810
Tata Consultancy Services, a leading IT services, business solutions and outsourcing organization, today announced that it has signed a five-year, multi-million dollar contract to be the global engineering partner of ArvinMeritor, 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, 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.