Tech Mahindra announced that Volvo Car Group has selected it to provide end-to-end IT infrastructure support and services in key countries globally including Sweden, China and Belgium.
The partnership encompasses application, maintenance and development including the introduction and management of a hybrid cloud strategy viewed as transformational by those close to the project.
Vikram Nair, head, Europe (enterprise), Tech Mahindra, said, "Volvo Cars values and goals strongly emphasize reliable products and services in all operations, from product development and production, to delivery and customer support. The vision outlines IT as a competitive advantage for all Volvo Cars business units. Tech Mahindra is excited to be supporting and sharing that vision for quality in each business areas."
Shares of the company gained Rs 19.3, or 1.08%, to trade at Rs 1,803.30. The total volume of shares traded was 40,558 at the BSE (3.05 p.m., Tuesday).