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Saab India Technology Centre in Partnership with Mahindra Satyam Inaugurated in Hyderabad

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Saab India Technologies Pvt. Ltd. today inaugurated the Saab India Technology Centre, a Research and Development Centre, in partnership with Mahindra Satyam in Hyderabad.

The Saab India Technology Centre, SITC, will form a bridge between India and Sweden. The aim of the centre is to support the internal operational excellence and optimization initiatives within Saab, while also supporting Saab to expand in the Indian market. An initial base of 100 skilled Indian engineers to be inducted by the close of 2012 will form the backbone of the Centre. The SITC is expected to increase its headcount to at least 300 over the next three years.

The Centre will undertake Research and Development in aerospace, defence and urban innovation including civil security. The primary areas of development will include Software Engineering, Electronic Engineering and Mechanical Engineering. The SITC envisages future development in the areas of Signal processing and Systems Engineering.

Inaugurating the SITC, Saab President and CEO Håkan Buskhe, said:

“With the establishment of this Research and Development Centre, Saab has invested in a sustainable and long term relationship with Mahindra Satyam to co-develop critical technologies not only for India but to support our global markets. This Centre is a part of Saab’s future offer for the world market.”

C P Gurnani, CEO, Mahindra Satyam said:

“Aerospace & Defence is a major growth area for us and establishment of  SITC is a strategic step towards synergizing Mahindra Satyam’s unique strengths in mission critical systems, engineering services, systems integration and Saab’s expertise in aerospace, Network centric warfare, special IT systems.”

According to Saab India Technologies Managing Director Inderjit Sial:

“This Centre represents Saab’s commitment to investing in India and partnering in creating India’s technology base in areas of national security and defence needs. Saab is providing technological and knowledge partnership to support India’s ambition to be an independent player within the defence technology market, with special focus on aerospace technology.”

For further information, please contact:
Susanne Dalskog
Vice President Communications Saab India Technologies Pvt. Ltd.
Susanne.Dalskog@saabgroup.com
Board: +91 11 4610 2222   Fax: +91 11 4610 2200

Saab Press Centre,
+46 734 180 018,
presscentre@saabgroup.com
www.saabgroup.com

Saab
Saab serves the global market with world-leading products, services and solutions ranging from military defence to civil security. Saab has operations and employees on all continents and constantly develops, adopts and improves new technology to meet customers’ changing needs.

Saab has about 12 500 employees. Annual sales are around SEK 24 billion and research and development corresponds to about 20 percent of annual sales.

Mahindra Satyam
Mahindra Satyam (NYSE: SAY) is a leading global business and information technology services company that leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance. The company's professionals excel in enterprise solutions, supply chain management, client relationship management, business intelligence, business process quality, engineering and product lifecycle management, and infrastructure services, among other key capabilities.

Mahindra Satyam is part of the $12.5 billion Mahindra Group, a global federation of companies and one of the top 10 business houses based in India. The Group’s interests span automotive products, aviation, components, farm equipment, financial services, hospitality, information technology, logistics, real estate and retail.

Mahindra Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve numerous clients, including many Fortune 500 organizations.

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