MUMBAI, Aug 3 (Reuters) - Indian technology firms including Tata Consultancy Services (TCS.BO) and Wipro (WIPR.BO) are in pursuit of up to 25 billion rupees ($522 million) outsourcing contract from Indian Railways, the Economic Times said.
State-owned Indian Railways plans to procure a human resources management system and other modules for integrating and automating its payroll, accounting and pension functions, the newspaper said on Monday.
The organisation plans to spend around $1.5 billion over the next 2-3 years on technology, it said.
"We will be coming out with a request for proposal very soon. The idea is to have build-operate-transfer models with the vendors," the paper quoted an unidentified senior railway official as saying.
A spokeswoman for TCS declined to comment on the report, while Wipro officials were not immediately available.
Indian Railways also plans to outsource its train scheduling and management system, in a deal valued at around 4.5 billion rupees, the paper said.
TCS, Wipro and Mahindra Satyam (SATY.BO) are also bidding for this project, it said. ($1=47.9 rupees) (Reporting by Janaki Krishnan; Editing by Ranjit Gangadharan)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment