The investment will generate approximately 21 million in wages and salaries over the first three years through the creation of over 200 high-quality jobs.
Speaking on the occasion, Sanjay Kalra, President of Strategic Initiatives at Tech Mahindra said: “Global telecom and financial markets are well developed ecosystems. Tech Mahindra, as a leading IT services and solutions provider to the telecom industry, has clients and partners worldwide.
“Our growth requires high class talent with the right attitude and a good work ethic. Belfast has this refreshing attitude and the spirit of innovation in abundance. Our Belfast centre will play a pivotal role in servicing and growing our client base in Europe and North America.”
Hanif Lalani, Group Finance Director, BT Group, said: “I am delighted that Tech Mahindra has decided to set up in Belfast. It is a coup for Northern Ireland that they took the decision to locate here as a result of the strong recommendation and experience of BT. Winning such a globally respected operation can only raise the perception of Northern Ireland as a good place in which to do business and act as a testimonial to Invest Northern Ireland’s efforts.”
Leslie Morrison, Chief Executive of Invest NI, said: “This is another landmark investment, the fourth by an Indian Technology company in Northern Ireland, and one which is a tremendous endorsement of Northern Ireland as world-class location for telecommunications companies.”
“This project will bring to over 2,500 the number of people employed by Indian companies in Northern Ireland. Tech Mahindra is a welcome addition to Northern Ireland’s expanding cluster of global software-development companies that have found this region to be an excellent position from which to target the European and US markets. The company will benefit from a ready supply of local telecoms expertise and in turn will introduce new specialist skills that will further enhance the marketability of our workforce.”
Invest NI has identified information and communication technology as an important sector for the Northern Ireland economy and has successfully attracted several major overseas investments in recent years.