Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, has signed a Memorandum of Understanding (MoU) with the Information Technology Industry Development Agency (ITIDA) to establish a global delivery centre in Cario. Tech Mahindra aims to hire more than 1000 employees over the next three years to serve both global and local customers from its newly inaugurated centre in Cairo.
H.E. Mostafa Madbouly, Prime Minister of Egypt, Dr. Amr Talaat, Minister of Communications and Information Technology (ICT), Egypt, Shri Ajit Gupte, Indian Ambassador to Egypt, senior Egypt government officials, the top management team of Tech Mahindra, led by its SVP & Head -Middle East & Africa, Mr. Ram Ramachandran attended the signing ceremony, which gathered multiple global tech key players.
Dr. Amr Talaat, Minister of Communications and Information Technology sanctioned the agreement inked with Tech Mahindra, as part of several agreements with 29 multinational companies, creating over 34000 jobs directed towards exports through 35 global delivery centers with export value worth USD 1 billion annually. On the momentous occasion, Dr. Amr Talaat, Minister of Communications and Information Technology said,“With its unique central location at the crossroads between 3 continents, Egypt delivers a resilient high-quality digital infrastructure, and provides a supportive legislative framework catching up with the global rapid growth. Our plentiful supply of tech talent is all set and ready at a competitive cost, with proven experience in business services delivery for global firms to more than 100 countries with 20 different languages.”
The new facility in Cairo assists Tech Mahindra's clients across various sectors; namely, Telecom, Oil and Gas, BFSI (Banking, Financial Services, and Insurance), Energy & Utilities, and the Public Sector by leveraging Artificial Intelligence, Big Data & Analytics, Cloud and 5G technologies. This is in line with Tech Mahindra's commitment to expand its global delivery centers and invest in the upskilling and reskilling of local Egyptian talent.
Harshvendra Soin, Global Chief People Officer and Head of Marketing, Tech Mahindra, said,“At Tech Mahindra, we are committed to diversifying our talent in delivery centers globally in the next few years. We want to widen the talent pool, improve agility to deliver solutions, and be closer to clients. We also have various up-skilling and re-skilling initiatives for our associates, enabling them to upgrade career opportunities and allowing us to retain the density of our talent pool.”