Hinduja TMT renews its BPO contract yielding $20 M

By siliconindia   |   Tuesday, 10 June 2003, 19:30 IST
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MUMBAI: Hinduja TMT Ltd. (HTMT) today announced that it has renewed its BPO contract with a major health care insurance company in the US. The claim-processing contract has been renewed for two years with an option for further renewal of one year and is likely to yield approximately 100 crores (over $20 million) in revenues during this period. The BPO unit of HTMT for the client has grown from 20 processors in August 2000 to 450 now, starting with one product and presently processing six products from the health care major. The client is one of the leading providers of health care, dental, pharmacy, group life, disability and long-term care products. S. Solomon Raj, Vice Chairman, Hinduja TMT Ltd., said, "This is an affirmation by the client of the quality of service provided by us. We have been able to deliver, meet and exceed the expectations of our customers". HTMT has also signed up contracts with three major customers out of which two are for Call Centers – one from UK Telecom Service Provider and another from a US based Broadband DSL and Internet Company. The third contract is from a leading provider of claim reporting and customer services for auto insurance, property liability and workers’ compensation in US. HTMT’s IT division has its delivery centers in Bangalore and Mumbai and has global presence through its offices in USA, UK and France.