29/06/2007
Belfast gains 200 IT jobs
A leading global IT and telecoms firm has announced a multi-million pound investment that will create 200 jobs in Belfast.
The investment by Tech Mahindra, which is being supported by Invest Northern Ireland, will see the creation of a centre of excellence for business service delivery and solution design, which will provide end-to-end business service delivery to customers primarily in the European and US markets.
The investment is expected to generate approximately £21 million in wages and salaries over the first three years through the creation of over 200 high-quality jobs. Invest NI said that the latest investment would take the number of jobs in this market sector to around 2,500.
President of Strategic Initiatives at Tech Mahindra Sanjay Kalra said: "Global telecom and financial markets are well developed ecosystems. Tech Mahindra, as a leading IT services and solutions provider to the telecom industry, has clients and partners worldwide.
"Our growth requires high class talent with the right attitude and a good work ethic. Belfast has this refreshing attitude and the spirit of innovation in abundance. Our Belfast centre will play a pivotal role in servicing and growing our client base in Europe and North America."
Hanif Lalani, Group Finance Director, BT Group, which has a stake in the firm, said: "I am delighted that Tech Mahindra has decided to set up in Belfast. It is a coup for Northern Ireland that they took the decision to locate here as a result of the strong recommendation and experience of BT. Winning such a globally respected operation can only raise the perception of Northern Ireland as a good place in which to do business and act as a testimonial to Invest Northern Ireland's efforts."
Leslie Morrison, Chief Executive of Invest NI, added: "This is another landmark investment, the fourth by an Indian Technology company in Northern Ireland, and one which is a tremendous endorsement of Northern Ireland as a world-class location for telecommunications companies.
"This project will bring to over 2,500 the number of people employed by Indian companies in Northern Ireland. Tech Mahindra is a welcome addition to Northern Ireland’s expanding cluster of global software-development companies that have found this region to be an excellent position from which to target the European and US markets. The company will benefit from a ready supply of local telecoms expertise and in turn will introduce new specialist skills that will further enhance the marketability of our workforce.”
Invest NI has identified information and communication technology as an important sector for the Northern Ireland economy and has successfully attracted several major overseas investments in recent years. Invest NI has offered assistance of £2.2 million towards total project costs.
Tech Mahindra is a global systems integrator and business transformation firm focused on the communications industry.
For over two decades, Tech Mahindra has been the chosen partner for wireline, wireless and broadband operators for systems, operations, process, network and cost transformation.
These include telecom operators, equipment manufacturers and independent software vendors.
With total revenues of GBP 348 million in the year ending March 31, 2007, Tech Mahindra`s unique insights, differentiated services and flexible partnering models enable their clients to reduce operating costs and generate new revenue streams for sustainable competitive advantage.
Tech Mahindra has principal offices in the UK, United States, Germany, UAE, Egypt, Singapore, India, Thailand, Taiwan & Australia – including major development facilities in India and the UK.
For more information visit www.techmahindra.com
(SP/KMcA)
The investment by Tech Mahindra, which is being supported by Invest Northern Ireland, will see the creation of a centre of excellence for business service delivery and solution design, which will provide end-to-end business service delivery to customers primarily in the European and US markets.
The investment is expected to generate approximately £21 million in wages and salaries over the first three years through the creation of over 200 high-quality jobs. Invest NI said that the latest investment would take the number of jobs in this market sector to around 2,500.
President of Strategic Initiatives at Tech Mahindra Sanjay Kalra said: "Global telecom and financial markets are well developed ecosystems. Tech Mahindra, as a leading IT services and solutions provider to the telecom industry, has clients and partners worldwide.
"Our growth requires high class talent with the right attitude and a good work ethic. Belfast has this refreshing attitude and the spirit of innovation in abundance. Our Belfast centre will play a pivotal role in servicing and growing our client base in Europe and North America."
Hanif Lalani, Group Finance Director, BT Group, which has a stake in the firm, said: "I am delighted that Tech Mahindra has decided to set up in Belfast. It is a coup for Northern Ireland that they took the decision to locate here as a result of the strong recommendation and experience of BT. Winning such a globally respected operation can only raise the perception of Northern Ireland as a good place in which to do business and act as a testimonial to Invest Northern Ireland's efforts."
Leslie Morrison, Chief Executive of Invest NI, added: "This is another landmark investment, the fourth by an Indian Technology company in Northern Ireland, and one which is a tremendous endorsement of Northern Ireland as a world-class location for telecommunications companies.
"This project will bring to over 2,500 the number of people employed by Indian companies in Northern Ireland. Tech Mahindra is a welcome addition to Northern Ireland’s expanding cluster of global software-development companies that have found this region to be an excellent position from which to target the European and US markets. The company will benefit from a ready supply of local telecoms expertise and in turn will introduce new specialist skills that will further enhance the marketability of our workforce.”
Invest NI has identified information and communication technology as an important sector for the Northern Ireland economy and has successfully attracted several major overseas investments in recent years. Invest NI has offered assistance of £2.2 million towards total project costs.
Tech Mahindra is a global systems integrator and business transformation firm focused on the communications industry.
For over two decades, Tech Mahindra has been the chosen partner for wireline, wireless and broadband operators for systems, operations, process, network and cost transformation.
These include telecom operators, equipment manufacturers and independent software vendors.
With total revenues of GBP 348 million in the year ending March 31, 2007, Tech Mahindra`s unique insights, differentiated services and flexible partnering models enable their clients to reduce operating costs and generate new revenue streams for sustainable competitive advantage.
Tech Mahindra has principal offices in the UK, United States, Germany, UAE, Egypt, Singapore, India, Thailand, Taiwan & Australia – including major development facilities in India and the UK.
For more information visit www.techmahindra.com
(SP/KMcA)
Related Northern Ireland News Stories
Click here for the latest headlines.
04 March 2008
Minister Cuts First Sod On £6.25m Business Facility
Northern Ireland Economy Minister Nigel Dodds today launched the development of the £6.25 million business facility at the Northern Ireland Science Park (NISP).
Minister Cuts First Sod On £6.25m Business Facility
Northern Ireland Economy Minister Nigel Dodds today launched the development of the £6.25 million business facility at the Northern Ireland Science Park (NISP).
12 November 2004
International tech tour takes in local economy
Northern Ireland’s rapidly growing economy, coupled with an innovation led business culture, has created a global opportunity for international knowledge based industries.
International tech tour takes in local economy
Northern Ireland’s rapidly growing economy, coupled with an innovation led business culture, has created a global opportunity for international knowledge based industries.
09 December 2013
Community Projects Receive £1.1m
A total of 16 community groups across Belfast have received total funding of just over £1.1m from City Council. The funding boost is being delivered through the £5m Local Investment Fund (LIF), which is part of the council's wider Investment Programme for the city. The move brings the overall amount allocated through the fund to over £2.
Community Projects Receive £1.1m
A total of 16 community groups across Belfast have received total funding of just over £1.1m from City Council. The funding boost is being delivered through the £5m Local Investment Fund (LIF), which is part of the council's wider Investment Programme for the city. The move brings the overall amount allocated through the fund to over £2.
16 May 2013
£1.25m For Belfast Community Projects
20 community regeneration projects across Belfast have received funding totalling £1.25m from the City Council. The funding is part of £5m set aside for the Local Investment Fund (LIF). Just under £1.3m is earmarked each to the North, South, East and West of the city and a further £490,000 allocated for the Shankill area.
£1.25m For Belfast Community Projects
20 community regeneration projects across Belfast have received funding totalling £1.25m from the City Council. The funding is part of £5m set aside for the Local Investment Fund (LIF). Just under £1.3m is earmarked each to the North, South, East and West of the city and a further £490,000 allocated for the Shankill area.
28 June 2023
New Project To Explore Geothermal Energy In NI
A new multimillion pound project to explore the potential for geothermal energy in Northern Ireland, has been launched by the Department for the Economy (DfE). The project is designed to "unearth the heat beneath our feet" and aims to support the decarbonisation of the energy sector in pursuit of net zero carbon targets by 2050.
New Project To Explore Geothermal Energy In NI
A new multimillion pound project to explore the potential for geothermal energy in Northern Ireland, has been launched by the Department for the Economy (DfE). The project is designed to "unearth the heat beneath our feet" and aims to support the decarbonisation of the energy sector in pursuit of net zero carbon targets by 2050.