Asian IT Industry Leader Pursues NZ Contracts

3 April, 2001 NEWS RELEASE

ASIAN IT INDUSTRY LEADER PURSUES NZ CONTRACTS

Information Technology systems, products and processes required by New Zealand companies and government departments have attracted interest from Asia’s largest software and services company, Tata Consultancy Services (TCS in short).

TATA’s Regional Manager for New Zealand, Sunit Sengupta, said today that increasing co-operation between New Zealand and India in the development of information communication systems had encouraged his company to build up its presence in the market.

“The recent discussions held on IT by the New Zealand Minister of Foreign Affairs in India and the planned visit this week of the Indian IT Minister to Wellington demonstrates top level commitment to increasing business between the two countries.”

Sunit Sengupta said that as a global company with more than 15,000 professionals operating across 50 countries, TATA was well positioned to make strategic alliances with New Zealand companies looking to expand their business interests in India and internationally.

“Our domain expertise in BFSI (banking, financial services and insurance), telecom, manufacturing and process industries, retail, transportation, healthcare, utilities and extensive experience in end-to-end solutions and products around the world will add further depth to the range of international firms represented in the market here.”

He said TATA pioneered the concept of Global Delivery Centres. These involved the establishment of IT business centres in overseas markets blending local expertise with Indian specialists to service both domestic and international contracts.

“We see Wellington as a potential site for such a centre. The New Zealand government is committed to e-business development and Wellington is an attractive site for growing information industry companies.

“We believe that as India’s premier software exporter, with revenues consistently doubling every two years, we can contribute to IT business growth in New Zealand with accompanying new jobs and export success.” – ends

For further information: Sunit Sengupta, Regional Manager, TATA Consultancy Services, Tel: (04) 473-1302 or 021-640-022 email : sunit_sengupta@xtra.co.nz

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