Creation of 300 jobs - Tech Mahindra establishes Greater Montréal centre

FARNBOROUGH, ENGLAND, July 15, 2014 /CNW Telbec/ - Tech Mahindra will establish its new Canadian aerospace headquarters in the Greater Montréal region. This was made possible in part by support from Montréal International. The multinational company, which offers innovative and customer-centric engineering and information technology services and solutions, expects more than 300 jobs will be created over the next three years, mainly in the aerospace industry.

The announcement was made at the 2014 Farnborough Air Show, attended by Jacques Daoust, Québec's Minister of the Economy, Innovation and Exports, Lakshmanan Chidambaram, Head – North America, at Tech Mahindra, Daniel Desnoyers, Associate Vice-President, Aerospace and Defence for Canada at Tech Mahindra, and Dominique Anglade, President and CEO of Montréal International.

"This is a major and strategically significant project for Québec's aerospace industry," Mr. Daoust said, "We worked closely with our prospecting partner Montréal International to bring this top-calibre aerospace engineering and information technology giant to the province. The Québec aerospace industry is well served by a highly trained workforce and a network of leading universities and research centres ready to build bridges with players all across the industry and all around the world."

For his part, Mr. Chidambaram noted: "Tech Mahindra has been present in Montréal since 2005 and has been part of the region's exponential growth journey since then. The Greater Montréal centre will provide design and manufacturing engineering expertise, as well as manufacturing support, to the Canadian customer base."

He added: "We are grateful to Montréal International and other stakeholders whose dynamism and assurance has helped make the growth journey interesting. Montréal is a world aerospace hub and is experiencing continued growth with major OEMs such as Bombardier Aerospace. Tech Mahindra is excited by the opportunity to provide its expertise."

Montréal International, with its mandate to attract foreign direct investments to the Greater Montréal area, supported and advised the company in its project to establish itself in the region.

"Greater Montréal is among the foremost international hubs in the industry, along with Seattle, Washington and Toulouse" said Ms. Anglade. "With more than 43,500 jobs and sales in excess of $12 billion, the aerospace sector is home to a complete and competitive supply chain that includes prime contractors, high-quality equipment manufacturers and integrators and a network of almost 190 world-class SMEs, established mainly in the Greater Montréal area."

About Tech Mahindra (www.techmahindra.com)
Tech Mahindra represents the connected world, offering innovative and customer-centric engineering and information technology services and solutions that enable Enterprises, Associates and the Society to Rise™. Tech Mahindra is a US$3.1 billion company with more than 89,000 professionals across 51 countries, providing services to 629 global customers, including Fortune 500 companies. Its consulting, enterprise and telecom solutions, platforms and reusable assets connect across a number of technologies to deliver tangible business value to all stakeholders.

Tech Mahindra is part of the US$16.5 billion Mahindra Group that employs more than 180,000 people in over 100 countries. The Group operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, after-market, information technology and vacation ownership.

About Montréal International
Created in 1996, Montréal International is the result of a private-public partnership. Its mission is to act as an economic driver for Greater Montréal to attract foreign wealth while accelerating the success of its partners and clients. Its mandates include attracting foreign direct investments, international organizations and international strategic workers as well as promoting the competitive and international environment of Greater Montréal. Montréal International, a non-profit organization, is funded by the private sector, the governments of Canada and Québec, the Communauté métropolitaine de Montréal (Montréal Metropolitan Community) and the City of Montréal.

Since its creation, Montréal International has helped attract $10.6 billion in foreign direct investments to Greater Montréal. And these investments have contributed to creating or maintaining close to 52,000 jobs. To date, Montréal International has also supported almost half of the city's 60 international organizations in setting up their operations in the area, while helping attract and retain more than 9,000 highly skilled foreign workers.

SOURCE: Montréal International

For further information: Montréal International, Céline Clément, Public Relations Director, Tel.: [phone], Cell: 514 892-4030, [e-mail]; Tech Mahindra, Aashish Washikar, Head - Media Relations, [e-mail]