HAL & Tech Mahindra Collaborates for Project Parivartan, Signs Rs. 400 Crore Contract
CEOInsights Team, 0
The statement provided by HAL reads “HAL and TM signed a contract worth Rs. 400 crore recently in Bengaluru for implementation of ERP to support HAL’s ‘Project Parivartan’”.
Stating about the project, Sujit Baksi, President Corporate Affairs and Business Head Emerging Markets, Tech Mahindra asserted that this project will serve the Indian Armed Forces in an efficient and effective manner. “This project will transform HALs ERP system, serving the Armed Forces in an efficient and effective manner,” Sujit stated.
This project will transform HALs ERP system, serving the Armed Forces in an efficient and effective manner
Details of Project Parivartan
According to R Madhavan, CMD, HAL, Project Parivartan is a comprehensive business transformation exercise initiated by HAL through technology enhancement and centralized ERP. The exercise would enable HAL to adopt some of the best practices followed in some of the similar industries globally, he added. Tech Mahindra would be responsible for the transformation and modernization 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 would implement Project Parivartan over a period of nine years at a cost of Rs. 400 crore.
The statement added “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 centralised ERP Turnkey Solution to meet HALs business requirements with implementation of SRM, CRM along with select non-ERP applications”.