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Satyam plans mega centre; to hire 15,000

November 17, 2004 17:51 IST
Source:PTI

IT major Satyam Computer Services plans to expand its Chennai operations by setting up a world-class development centre in an area of about 100 acres, employing nearly 15,000 professionals, its chairman Ramalinga Raju said in Chennai on Wednesday.

Satyam, which started its Chennai operations in 1997 with exports of Rs 20 million, now has six offices in the city with about 3,500 employees and exports of Rs 154 crore (Rs 1.54 billion) in the year ended March 2004.

Raju, who met Tamil Nadu Chief Minister Jayalalithaa on Wednesday, informed her that the company wants to develop a world-class campus development centre in Chennai and requested her for allotment of 100 acres of land to consolidate its operations in Chennai, a statement issued by the state government said.

The Hyderabad-based company has projected its exports from Chennai to grow significantly to Rs 400 crore (Rs 4 billion), it said, but gave no timeframe for achieving the target.

Jayalalithaa assured government's support for Satyam and requested that the company should also undertake developmental activities as part of their corporate social responsibility, it said.

Raju was accompanied by V Murali, head (corporate services), and Athmaraj, regional head (corporate services), of the firm.

N Narayanan, Development Commissioner & Principal Secretary, Finance and Vivek Harinarain, secretary, IT of Tamil Nadu, were also present.

Source: PTI
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