SME Times is powered by   
Search News
Just in:   • Sensex, Nifty trade higher in early deals amid positive global cues  • New FTAs fresh boost to manufacturing and innovation, open global opportunities for youth: Piyush Goyal  • India, Japan sign first defence co-development pact to build UNICORN naval masts  • China to face huge economic costs if Taiwan Strait is blocked  • Gold steady, silver slips as Fed rate hike expectations ease 
Last updated: 29 Oct, 2020  

Tech.Mahindra.9.Thmb.jpg Tech Mahindra bags Rs 400 cr contract from HAL

Tech.Mahindra.9.jpg
   Top Stories
» Sensex, Nifty trade higher in early deals amid positive global cues
» Defence PSU stocks rally up to 3 pc after Rs 52,000 crore procurement nod
» Govt holds third preparatory meeting for BRICS Women Track
» Govt introduces 'Improvement Notice' mechanism to boost ease of doing business
» India-US relationship stronger than ever: Trump team charts ambitious agenda
SME Times News Bureau | 29 Oct, 2020
IT major Tech Mahindra on Thursday said it has inked a Rs 400-crore contract with Hindustan Aeronautics Limited (HAL) to support the defence PSU's "Project Parivartan" to streamline and standardise its business processes across the organisation.

As per the contract, Tech Mahindra will be responsible for the transformation and modernisation of HAL's Enterprise Resource Planning (ERP) system.

Project Parivartan is a comprehensive business integration exercise driven to achieve a centralized ERP for HAL.

This exercise will enable HAL to adopt some best practices being followed in the similar industries globally.

Selected as a system integrator, Tech Mahindra will implement Project Parivartan over a period of nine years.

"In order to meet the challenges of evolving business scenarios and to ensure sustaining competitiveness and customer focus, HAL has initiated 'Project Parivartan'," R. Madhavan, Chairman and Managing Director, Hindustan Aeronautics Limited, said in a statement.

"As a leading digital transformation company, Tech Mahindra will implement the ERP systems and help HAL to meet the dynamic needs of this hyper-digitalised world.

"This will further enhance features supporting maintenance, repair and overhaul (MRO) in Aerospace and Defence systems will facilitate HAL in improving & bringing in centralised functioning," Madhavan said.

Tech Mahindra said it will transform the distributed application to a centralised application, for all the HAL's 22 divisions based on a business transformation engineering process, which includes implementation of SRM (supplier relationship management), CRM (customer relationship management).

"Tech Mahindra's selection by Hindustan Aeronautics Ltd extends our vision of supporting government's 'Atmanirbhar' (self-reliant) initiative to enhance our indigenous capabilities. This project will transform HAL's ERP system, serving the armed forces in an efficient and effective manner," said Sujit Baksi, President Corporate Affairs and Business Head Emerging Markets, Tech Mahindra.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹95.3
₹93.6
UK Pound
₹127.7
₹123.7
Euro
₹110.65
₹106.9
Japanese Yen ₹59.75 ₹57.9
As on 24 Jun, 2026
  Daily Poll
What’s your biggest challenge with the 45-day payment rule?
 Corporates canceling our orders
 Clients demanding longer credit anyway
 Strained business relationships
 Filing complaints kills future work
 No issues, cash flow has improved
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter