Friday, May 8, 2009

MindTree plans to invest $20.5 mn in '09-10

MindTree, an IT solution company, is planning to invest around $20.5 million (Rs 102 crore) towards capital expenditure this year in 2009-10. The company is also planning to set up a new facility in Bhubaneswar.

At the Emerge Out Conclave 2008, organized by NASSCOM in Chennai, MindTree said the proposed investment of $20.5 million is up from $11.5 million last year. The investment will be towards creating additional facilities in Chennai and Bangalore

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