Tech Mahindra to establish new Canadian Aerospace head office
The new establishment is expected to generate 300 jobs over the next 3 years mainly in the aerospace industry in Canada
Mumbai: Tech Mahindra Ltd. has informed BSE that it will be establishing its new Canadian Aerospace head office in Greater Montreal.
The new establishment, which is expected to generate 300 jobs over the next three years mainly in the aerospace industry in Canada, was created partly with the aid of Montreal International, a government body generating foreign direct investment (FDI) in the Greater Montreal area.
Lakshmanan Chidambaram, head of North America for Tech Mahindra, said, “The Greater Montreal centre will provide expertise to both design and manufacturing engineering support to the Canadian customer base."
The announcement was made after market hours.
Shares of Tech Mahindra rose 1.3% to Rs2,064.80 on BSE, while the exchange’s benchmark Sensex gained 0.89% to 25,228.65 points.
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