Tech Mahindra Expects Double-Digit Growth from GCC Customers in India

Multiple Blue Rings Equitymarketinsights.com

Tech Mahindra Sees Soaring Demand

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A Growing Portfolio of Clients

[{"selector":"#anim-ef40af18-1963-46a7-b606-031a76c68495 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-be88fd54-3ff9-44df-b888-2f914fdb620e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1efa3d09-8607-4bcb-b121-e473b18f5510","keyframes":{"transform":["translate3d(-111.42857%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2d61e98d-3291-4589-b0f1-c7dcfe7d1637","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d4038231-91ac-4fbd-bd1e-aa79be4f8a75","keyframes":{"transform":["translate3d(-115.55555%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1dc18299-dd60-49f3-8287-6eeb55e97e54","keyframes":{"opacity":[0,1]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-1638a0a1-5ae6-47a1-8700-0d36ce7f7936","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Tech Mahindra currently serves 60-70 GCC customers, focusing on outsourcing skilled talent, Engineering R&D, and developing solutions in AI and generative AI. Blue Rings

Strategic Business Restructuring

[{"selector":"#anim-b10471b0-e161-488d-826f-47e485188249","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a580cc4e-45e4-493a-9673-78a4dc81145d","keyframes":{"transform":["translate3d(-116.19048%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b2a05bca-b8c4-408c-933f-eef01d28cfff","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5c144d75-92b7-43d3-9be7-606f449f780e","keyframes":{"transform":["translate3d(-115.2381%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4c4ba5af-3589-4bed-8b04-0437c5ac4ee6","keyframes":{"opacity":[0,1]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-f5f34fcc-a59e-408f-a087-f4ccdecd8100","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Under new CEO Mohit Joshi, Tech Mahindra is restructuring to improve margins, selecting clients with a focus on business and margin recovery. Blue Rings

GCC Demand Continues to Surge

[{"selector":"#anim-f51b9a36-0065-4d82-8425-fa12329995ee","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c88ef1d5-d799-4d4d-9717-d1a0de1710d2","keyframes":{"transform":["translate3d(-116.19048%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ba2d7f82-b21c-4868-aa89-56f7a06633c4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae557ade-b07b-40d5-a699-1cda74a940c0","keyframes":{"transform":["translate3d(-115.2381%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-da637ac9-d637-4abc-836a-9f5796cf725a","keyframes":{"opacity":[0,1]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-3e34f4cc-7e20-4275-87b5-5782ea1f73d5","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Ram Ramachandran, Senior VP, highlights robust demand from MNCs' in-house units in India, especially in the fields of AI, talent outsourcing, and R&D. Blue Rings

Value-Based GCC Strategy

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800 New GCCs Expected in India

[{"selector":"#anim-06697865-1b1c-4cf6-bb75-3165ea9d82e4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5c904b0e-8c95-4be3-ad36-371611e14ac6","keyframes":{"transform":["translate3d(-111.11112%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c74ad053-07ec-4eec-9bb0-f9841843355c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-febd8180-7a44-4932-94fd-1e3ef059d447","keyframes":{"transform":["translate3d(-115.2381%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8b433b3c-1f06-4398-a106-a6bb1dda5e90","keyframes":{"opacity":[0,1]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-b63a6155-0e81-47e5-a171-5191417545ba","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Tech Mahindra is prioritizing a value-based approach, focusing on tech-heavy organisations needing a technology refresh. Blue Rings

AI and SaaS Drive Demand

[{"selector":"#anim-5069f58e-c3c4-45be-89a9-d0ffc303cc48","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8abceb7b-f4f4-4144-8e64-da283c696114","keyframes":{"transform":["translate3d(-111.11112%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3c728456-e1fc-4f40-a2a7-ea25b339ecec","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d6e47053-643b-44bb-a3ea-ecc0e49a6695","keyframes":{"transform":["translate3d(-115.55555%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6e0f15eb-2259-4e44-859b-a88ffcb0bfa6","keyframes":{"opacity":[0,1]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-4b0d6b75-b9b6-4c00-aa32-82162ac0989e","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Cloud enablement, AI, SaaS, and security are key areas driving Tech Mahindra’s demand from GCCs, with the rise of multi-hyperscale cloud capabilities and legacy modernisation. Blue Rings

Agentless BPO with AI

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Focused Sectors: BFSI, High-Tech, ER&D

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Conclusion

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