Rediffmail Money rediffGURUS BusinessEmail

Mastek to invest Rs 27 cr in Pune centre

May 17, 2005 14:51 IST
Source:PTI

Software solutions provider Mastek would set up its second development centre in Pune at a cost of Rs 27 crore (Rs 270 million).

The new centre has a seating capacity of 550 professionals and is spread over 55,000 square feet area. With the new centre, the Pune facilities would have a head count of about 775 professionals, Mastek said in a release in Mumbai.

"We have been adding capacity in Mumbai and Pune and have acquired land in Chennai keeping in mind the growth we expect in the years to come," Mastek chairman Ashank Desai said.

Mastek has recently signed memorandum of understanding to acquire 15.5 acres of land at Mahindra City in Chennai to set up its sixth development centre in India, its first outside Maharashtra.

Source: PTI
© Copyright 2026 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

WEB STORIES

Paneer, Gulab Jamun... 11 Non-Indian Indian Foods

How Ramzan Fasts Are Broken Around the World

13 Fascinating Lighthouses Of India

VIDEOS

NewsBusinessMoviesSportsCricketGet AheadDiscussionLabsMyPageVideosCompany Email