The Mahindra group company will provide services to Brazil-based Schahin Petroleo for supply chain solutions. It will also provide transformational solutions to a leading bank in Brazil
Tech Mahindra Ltd said Complex IT, its unit in Brazil, has signed two deals in that country for delivering enterprise solutions in oil and gas and banking vertical. No financial details were provided.
Arvind Malhotra, senior vice president, strategic accounts, Tech Mahindra, said, “Our growth strategy in Latin America leveraging a combination of inorganic and organic plays is showing early results.”
The first project is with Schahin Petroleo to deliver a new enterprise business solution for the operations of the oil and gas division of the Schahin Group. The project includes implementation of SAP ERP and addresses business pain points around complex supply chain logistics and strengthening of the integration process.
On another instance, Complex IT has also signed a transformational contract with a leading bank in Brazil to deliver enterprise business solutions for SAP demands on AMS, projects and ongoing demands. This will help them overcome high complexity environment and helping internal SLA.
At 3.40pm Friday, Tech Mahindra was 1.5% down at Rs1232 on the BSE, while the 30-share Sensex was also marginally down at 19,164.
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