Date:03/04/2008 URL: http://www.thehindubusinessline.com/2008/04/03/stories/2008040352890400.htm

Satyam in pact with CIPET

Hyderabad, April 2

Satyam Computer on Wednesday announced that it has signed a memorandum with Central Institute of Plastics Engineering & Technology (CIPET) for developing new engineering plastic materials through an Industry-Institute collaborative approach.

Based in Hyderabad, CIPET is an autonomous Plastics Training & Application Research Institute under the Ministry of Chemicals and Fertilisers, Government of India. The collaboration is part of Satyam’s strategic initiative of developing an innovative ecosystem of alliances to provide total engineering solutions to its global customers.

The proposed alliance is aimed at synergising the product design and development expertise of Satyam Engineering Solutions and application research of CIPET, Hyderabad to develop innovative materials for new products for customers worldwide. The Global Head-Integrated Engineering Solutions, Satyam, Dr T.S.K. Murthy, in a statement said, “This partnership would help Satyam Engineering Solutions to be a leading product design service provider with alliance partners.” —

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