The Hindu Business Line : Hinduja TMT bags contract

BANGALORE: Hinduja TMT, the IT flagship company of the Hinduja Group, said on Thursday that it has won a new IT Services contract awarded by a large automobile assembling and manufacturing company based in the Middle East.

The ERP project, in the initial phase, will generate revenues of $2.2 million or Rs 10 crore over the next 18 months.

The contract has been signed with the customer with an agreement for an advance payment of 25 per cent. Work is expected to commence immediately, said a company press release.

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