Indian IT cos invited to tap Singapore in a big way
Hindu Business Line, 18 January 2004

The Deputy Prime Minister of Singapore, Mr Lee Hsien Loong, on Saturday visited Satyam Technology Centre near here and invited technology companies to look at Singapore in Their plans.

Mr Lee was met by the Satyam Chairman, Mr B Ramalinga Raju, and the State Minister for Commercial Taxes, Mr Vijaya Rama Rao, at the 120-acre technology center.

Mr Raju said that “since we set up the Asia-Pacific head-quarters in Singapore in January 2001, Satyam has experienced exponential growth in the region, driven largely out of the Singapore office. Throughout this growth, we have benefited from the pro-active support of the Singapore Government agencies and its leaders. Further, bilateral IT services will become an important pillar for Closer Economic Cooperation Agreement (CECA) trade pact being negotiated between India and Singapore.”

The company has established its Business Continuity Centre in Singapore in February 2003, designed to ensure that its clients receive seamless and uninterrupted support in case of a country outage due to a disaster. Satyam’s Singapore office acts as a hub for the region. It has a stuff strength of over 650 working in the Asia-Pacific countries with over 220 in Singapore.

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