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Business EconomyPosted at: Oct 29 2020 11:31AM


HAL & Tech Mahindra sign Rs 400 Cr contract for Project 'Parivartan'

Bengaluru, Oct 29 (UNI) Hindustan Aeronautics Limited (HAL) and Tech Mahindra (TM) have signed a contract worth Rs 400 crore recently in Bengaluru for implementation of Enterprise Resource Planning (ERP) to support HAL’s ‘Project Parivartan’.

HAL Chairman and Managing Director R Mahadhavan said that the ‘Project Parivartan’ is a comprehensive business transformation exercise initiated by HAL through technology enhancement and centralized ERP.
The exercise will enable HAL to adopt some of the best practices followed in some of the similar industries globally, according to a HAL release here on Thursday.
Mr Sujit Baksi, President Corporate Affairs and Business Head Emerging Markets, Tech Mahindra, said, “Tech Mahindra’s selection by HAL extends our vision of supporting the government's ‘Atmanirbhar’ (self-reliant) initiative to enhance our indigenous capabilities. This project will transform HAL’s ERP system, serving the Armed Forces in an efficient and effective manner. This is in line with our TechNxt charter that focuses on leveraging new generation technologies with original equipment manufacturers and aims to deliver an enhanced experience to our customers.”

The contract was signed by Mr Dibyendu Maiti, Executive Director (Corporate Planning), HAL and Mr Prashanth S, Group Competency Head, Tech Mahindra in the presence of Mr R Madhavan.

Under the agreement, Tech Mahindra will be responsible for the transformation and modernisation of the ERP System as an implementation and support partner enabling HAL to streamline and standardize its business processes across the organization. As a system integrator, Tech Mahindra will implement ‘Project Parivartan’ over a period of nine years at a cost of Rs 400 crores.
Tech Mahindra will transform the distributed application to a centralized application, for all the 20 divisions and R&D Centers of HAL based on a business transformation engineering process. This includes a centralized ERP Turnkey Solution to meet HAL’s business requirements with implementation of SRM, CRM along with select non-ERP applications.
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Tags: #HAL & Tech Mahindra sign Rs 400 Cr contract for Project 'Parivartan'
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