Tech Mahindra gives its opinion on the economic de...

Tech Mahindra gives its opinion on the economic development of Aguascalientes

A remarkable and dynamic economy, along with an attractive business climate and other virtues, has made Aguascalientes the optimal place for companies of international renown to start operations.

According to data by the Department of Economy, the accumulated foreign direct investment (FDI) in the state between 2017 and 2018 was USD 2.71 billion, one of the top ten highest figures in Mexico.

Companies from several countries leading different industries in the state are paramount to Mexico’s economic growth. Japan is the principal shareholder, with an accumulated share in the same period of 59.5 percent of the FDI in Aguascalientes, followed by the United States with 16.8 percent, and Germany, with 14.3 percent.

Four of the most important global companies in Aguascalientes share their experiences as actors in the industrial development of the state and their vision of the future:

Tech Mahindra

The company started operations in Aguascalientes in 2018, with an investment of USD 5 million. Tech Mahindra provides information technology, network solutions, integrated engineering solutions, remote technical support, and process automation for a variety of industries.

Why Aguascalientes?

“Talent was key. We think Aguascalientes is a very competitive place because it has been investing in education. The state ranks among the safest places in the country. And they have made it really easy for us to begin operations here. They have always been attentive to our needs and have supported us in many different aspects.”

What are Tech Mahindra’s plans?

“We expect to bring part of the operations currently centralized in Mexico City to Aguascalientes by the end of the year (2019). Forty percent of Tech Mahindra’s total activities are carried out in this country, an aggressive figure which will be covered by both states.”

How does Tech Mahindra visualize the state’s economic development?

“On the whole, Aguascalientes has excellent growth rates. The economic aspect is continuously increasing and is very attractive to different industries. That is why we are certain that, like many other companies, we made a good decision.”