Project Parivartan

Project Parivartan

Question : Project Parivartan is a contract signed betweenTech Mahindra and Hindustan Aeronautics Limited.Which one of the following statement is correct regarding this deal ?
(a)Contract size is 400 crore rs.
(b)It is an ERP implementation project
(c)ERP stands for – Enterprise Resource Planning
(d)all above
Answer (d)
Related facts

  • Tech Mahindra has recently(October 2020) inked Rs.400 crore deal(Project Parivartan) with Hindustan Aeronautics Limited.

Main points of Deal

  1. It is an ERP(Enterprise Resource Planning) implementation project.
  2. The program will allow HAL to implement the systems adopted in the global industry.
  3. This will provide an opportunity to serve the armed forces more effectively.
  4. Tech Mahindra’s selection for this project by HAL is in line with the government’s vision of self-reliant India.

HAL(Hindustan Aeronautics Limited) : Chronology

  • HAL founded in 1940 as Hindustan Aircraft Limited.
  • Its founder was Seth Walchand Hirachand. In January 1951, Hindustan Aircraft Limited was placed under the administrative control of Ministry of Defence, Government of India.
  • Meanwhile, in August 1963, Aeronautics India Limited (AIL) was incorporated as a Company wholly owned by the Government of India, to undertake manufacture of MiG-21 aircraft under licence.
  • Amalgamation of the two companies i.e. Hindustan Aircraft Limited and Aeronautics India Limited was brought about on 1st Oct 1964 by an Amalgamation Order issued by the Government of India and the Company after the amalgamation was named as “Hindustan Aeronautics Limited (HAL)” with its principal business being design, development, manufacture, repair and overhaul of aircraft, helicopters, engines and related systems like avionics, instruments and accessories.
    It is a Navratna CPSE(Central Public Sector Enterprise).

Tech Mahindra

  • Tech Mahindra is a leading provider of digital transformation, consulting and business reengineering services and solutions

By — Pankaj Pandey

Link:
https://www.techmahindra.com/en-in/techmahindra-inks-inr400-crore-project-parivartan-contract-with-hindustan-aeronautics-limited/#:~:text=New%20Delhi%20%E2%80%93%20October%2029%2C%202020,Project%20Parivartan’%20by%20Hindustan%20Aeronautics
https://hal-india.co.in/HAL%20and%20Tech%20Mahindra%20Sign%20Rs%20400%20Crore%20Contract%20for%20%E2%80%98Project%20Parivartan%E2%80%99/ND__321