Hemant Luthra, president, Mahindra Systech, said the deal will help the two companies grow into new geographies. The product range as well as geographical presence of the two firms will complement each other since CIE is present in Latin America, where Mahindra is not and in India Mahindra has a strong presence, while CIE does not, he said.
first published: Jun 17, 2013 12:00 pm
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