Satyam plans centre in Nagpur

Satyam Computer Services has signed a memorandum of understanding with Maharashtra Airport Development Company to acquire 100 acres in the Nagpur special economic zone.

This was announced in a release issued by Satyam Computer Services to the Bombay Stock Exchange on Tuesday.

"We are delighted to be the first IT company in Nagpur city, and are confident of the potential of the city, which has good infrastructure and a huge talent pool," B Rama Raju, co-founder and managing director of Satyam Computer Services, said.

"We are certain that with the support of the government of Maharashtra, we will be able to contribute in making Nagpur a great IT destination," he added.