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HCL Technologies has signed a five-year multi-million dollar deal with the US-based The Manitowoc Company - a multi-industry, capital goods manufacturer -- as its global engineering partner for the crane operations spanning the US, Europe, West Asia and Asia Pacific regions.
Manitowoc and HCL have also set up a global engineering centre in Pune to support Manitowoc’s design centres and accelerate its new product development initiatives in emerging regions such as India, China and Brazil, HCL Technologies said in a statement.
“This partnership stands testimony to HCL’s engineering prowess and innovation culture which drives global corporations to engage with us,” G.H. Rao, President, Engineering and R&D services, HCL Technologies, said.
The design centre also extends engineering design services support to Manitowoc’s engineering hubs and innovation centres in Pennsylvania, Wisconsin, Germany, France and Italy.
“A combination of decades of experience in engineering, out-of-the-box thinking and a foundation of talent, processes, systems, frameworks and tools are just a few reasons why we chose to partner with HCL for our project,” Suresh Natarajan, Director of Global Engineering Services, Manitowoc Cranes, said.
HCL Technologies’ shares closed at Rs 654.75 on the BSE on Friday, up 2.14 per cent from its previous close.
>ronendrasingh.s @thehindu.co.in
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