Mindtree, Satyam Bag ArcelorMittal Contract
29 Apr 2008 | Print
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Mindtree Consulting and Satyam Computer Services have together won a three-year IT outsourcing deal from ArcelorMittal, the world’s largest steel making company. The contract is a part of the steel giant’s efforts to consolidate its western European IT work.
About 70 per cent of these sub-contracted activities will be carried out by the two Indian firms, ArcelorMittal said today. The overall deal size for the partnership is around $50 million (Rs 200 crore).
Mindtree, which has bagged a majority share of the contract, will work in partnership with European Sopra Group, an incumbent provider to ArcelorMittal. It will consolidate current sub-contracted activities with the objective to increase cost efficiency, flexibility and service levels.
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Sandeep Kaujalgi
