MINDTECK EXPANDS ASIAN FOOTPRINT Establishes a subsidiary in the Republic of the Philippines
March 28, 2016
Bengaluru, India – March 28, 2016: Mindteck, a global technology company listed on the Bombay Stock Exchange (BSE 517344), today announced that it has established a subsidiary in the Republic of the Philippines. The new entity, a wholly owned subsidiary of Mindteck Singapore Pte. Ltd., will have the necessary infrastructure to support a sizeable operation.
Mr. Yusuf Lanewala, Mindteck Chairman and Managing Director, commented, “Mindteck’s expansion of its Asian footprint is a natural outcome of the tremendous potential we have seen in the region in recent past. We are pleased to have already become a top company of choice with the region’s leading corporates. It is our hope that this local presence will help both deepen and widen our customer base in the years to come.”
Mr. Jacob Pillay, Regional Vice President - APAC, added, “We are off to a good start. An existing customer has already engaged us for IT services, and we are also actively involved in introducing our Smart City and Healthcare solutions to large corporates.”
About Mindteck (India) Limited
Mindteck, a global technology company, provides Product Engineering solutions and Information Technology services to top-tier Fortune 50-1,000 companies, start-ups, leading universities and government entities worldwide. Its depth of knowledge and niche expertise in embedded systems and enterprise applications is complemented by dedicated Centers of Excellence in wireless design and storage testing. Mindteck has offices in the US, UK, Singapore, Malaysia, Netherlands, Germany, Bahrain and India, and four development centers: one each in the US and Singapore, and two in India (Kolkata and Bangalore). The company is listed on the Bombay Stock Exchange (BSE 517344) and is among a select group of global companies appraised at
Maturity Level 5, Version 1.3 of the CMMI Institute’s Capability Maturity Model Integration (CMMI). It is also a Founding
Member of ‘The Atlas online’ – an interactive tool that provides visualizations of growth opportunities for over one hundred countries worldwide – for the Center for International Development (CID) at Harvard University.