Tech Mahindra to expand presence in Korea.

IT services and solutions provider Tech Mahindra recently announced its plans to significantly expand in Korea.

Tech Mahindra aspires to be the largest Indian based system integrator in Korea by 2017. The company believes that localisation is the key to achieve this target and plans to run as a local Korean company in partnership with a Korean conglomerate.

The move represents another major investment by the India's Mahindra Group which is the owner of Ssangyong Motor and already one-of-the largest foreign investors in Korea.

The company will establish partnerships with local universities, business schools and trade bodies to enable creation of 300 jobs in the next three years.

BS