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ArcelorMittal looking for IT partners

HYDERABAD: Steel giant ArcelorMittal is looking for an IT partner to provide efficient, competitive solutions in its expansion plans for India and China.

Malay Mukherjee, Group Management Board Member, ArcelorMittal, said they were looking for partners for IT services.

The partnership would encompass IT solutions in energy management processes, synchronising daily operations, data management, creating graphic models for engineers in process design and online measurement of mechanical properties.

He participated in a Confederation of Indian Industry (CII) conclave on ‘India — The Knowledge Hub’ here on Friday.

Earlier, he had a breakfast meeting with B. Ramalinga Raju, Satyam Group Chairman.

On the meeting, Mr. Raju said, “We discussed the challenges faced by the steel industry and IT solutions could address the key concerns and challenges. From being an IT services provider, we are evolving into innovation partner to clients. Foreign companies that looked to Indian IT industry for low-cost solutions are now keen on strategic partnerships in research and development (R&D)”.

To sustain growth and address environment concerns, the steel industry would need to adopt new technology, especially IT, Mr. Mukherjee said.

A Goldman Sachs report, he said, felt that India could become the fifth largest economy within a decade and the second largest by the middle of the century.

Educational and training institutions needed to improve standards to provide intellectual resources. India’s move to have 14 world-class universities with foreign direct investment (FDI) was a step in the right direction, he felt.

Major Industries Minister, J. Geeta Reddy, later unveiled a plaque to mark the inauguration of Satyam’s new Process Manufacturing Innovation Centre of Excellence (PROMICE) at Hyderabad.

Investments in information and communication technologies were vital for overall growth, she said.

Later, Satyam’s Senior Vice-President, Manufacturing and Automobile Business, Subu D. Subramanian, said PROMICE would initially focus on pharma and food production areas and then on the metals and mining.

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