Syntel Opens Facility In Chennai
posted in Outsourcing News and Top Outsourcing deals, Outsourcing to India, Nearshore Outsourcing |Source: www.business-standard.com
Syntel Inc., an IT / BPO service firm has set up a new software development facility in Nandambakkam near Chennai.
Part of DLF’s IT SEZ Park, the new software development facility covers 80,000-sq. ft., with a 750-seating capacity.
Investing Rs. 8-crore in the new facility, IT services will be provided to Syntel’s global health, banking and insurance clients from it.
Catering to custom outsourcing needs of firms in banking, financial services, insurance, retail, healthcare and automotive sectors, currently, Syntel is in expansion mode, as it commences construction on a 29-acre SEZ facility at Sirusseri IT Park, where 9-lakh sq. ft. will be covered in the first phase at a cost of Rs. 235-crore.
US-based Sytel, with Rs. 1,200-crore worth of profits from last year alone, has more than 8,300-employees worldwide, and operations with operations in North America, Europe, Asia, and the Indian cities of Mumbai, Chennai and Pune.
