HTMT signs new ERP project

By Our Convergence Bureau | 27 Nov 2003

Bangalore: Hinduja TMT (HTMT), the IT flagship company of the Hinduja group, has announced the winning of 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 a revenue of $2.2 million (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. The company is also in talks with the customer and other corporates in the Middle East for offerings in different areas of software development and maintenance where potential for business growth is high.

Says HTMT (IT division) president and CEO R Mohan: "With the required robust domain expertise in the manufacturing segment and the recent implementation of an analogous project for Ashok Leyland, we are confident of delivering this prestigious project well in time. This project reiterates our leadership position in this segment."

The project will cover modules relating to material management, production planning, finance and marketing and will be implemented using a multilevel architecture. HTMT will bring some of the best practices that it has developed over the years to enhance the information management of the various manufacturing processes and will provide substantial cost savings and improvement of efficiency of operations to its client. The system will ensure the availability of information where it is most required and the proactive analysis of data that will enhance planning and coordination.