Mahindra Satyam will be increasing its manpower in China to 1,500 by 2015 in order to increase its presence in the country's engineering, manufacturing, and telecom sectors.
According to a statement issued Tuesday, the Indian IT services provider will be looking to China as a "critical pillar" for its regional and global strategy, with the telecom sector in particular a key growth area.
It said China's telecom sector has yet to experience the transformation that unifies fixed-line, mobile and data services into a seamless offering, and it will be looking to help Chinese telcos in enhancing their front-end customer interface and backend integration and billing.
". The region will increase its revenue contribution from the 24 percent currently, in view of the size of China's economy and specific opportunities which we have identified," said Rohit Gandhi, senior vice president of Asia-Pacific, India, Middle East and Africa at Mahindra Satyam.
To capitalize on these growth opportunities, the Indian company will hope to tap on the local talent pool, which it said was impressive.
"Chinese universities are producing a high number of quality engineers each year. We are impressed by the level of skills, expertise and the willingness to learn," said Amitava Ghosh, vice president and head of North Asia at Mahindra Satyam.
"There exists a great opportunity to combine the software capabilities of India and manufacturing excellence of China to herald a new chapter in the economic transformation of Asia [and] Mahindra Satyam wants to be part of that transformation."
Gandhi added the company will alsoto boost its growth there and increase its near-shoring support for its Japanese clients.