Pune allocates INR 500 Crore Project to Tech Mahindra under Smart Cities Scheme
Tech Mahindra has received INR 500 crore project under smart cities project from Pune’s Pimpri Chinchwad Municipal Corporation (PCMC). The financial and housing activity in Pimpri Chinchwad Municipal Corporation has been rising over the last few years. Tech Mahindra will work on several projects to enable Pimpri Chinchwad as smart and sustainable city. Tech Mahindra also has smart city projects in Kanpur, Gandhinagar, Nashik and Jaipur.
Talking about the project, Sujit Baksi, Head APAC Business and President Corporate Affairs, Tech Mahindra said, “Our association with PCMC outlines Tech Mahindra's TechMNxt strategy to leverage new generation technologies to deliver an enhanced experience to our customers. It extends our vision of supporting the government's Smart Cities agenda to strengthen nation-building initiatives that will go a long way in building a robust USD 5 trillion Indian economy.”
Tech Mahindra will roll out the project during the first year of commencement. Afterwards, the company will maintain various aspects of smart city project for five years.
Tech Mahindra merged Satyam Computers many years back when the technology company suffered a major setback due to fraud by its promoters. Tech Mahindra has been consolidating its position in domestic and international technology sector.