Forbes Asia selects Hinduja TMT Ltd. (HTMT) as one of 200 "Best Under a Billion" Company in Asia

One among the only two outsourcing companies to be selected from India

Bangalore, October 27, 2005:

Forbes Asia has selected HTMT as one of the 200 “Best Under A Billion” Companies in their October 31st issue, an annual listing in Forbes Asia featuring 200 of Asia’s best publicly listed enterprises with revenue under US $ 1 billion a year. The awards were based on sustained gains in sales and returns as well as the latest year market momentum.

Mr. K. Thiagarajan, MD & CEO of HTMT said, “This award is recognition of HTMT’s value addition, commitment to its stakeholders and consistent growth history. HTMT will continue to focus on derisked growth and profitability through outsourcing services with a global delivery model.”

The award is even more significant considering that HTMT is one of only two Outsourcing companies from among a list of select 20 Indian Companies.

About HTMT

Hinduja TMT Ltd. (HTMT) is one of India's premier IT/BPO houses, focusing on information technology enabled services (ITeS) and business process outsourcing (BPO) besides IT services. HTMT is now a truly global provider ranked among the top 15 ITES-BPO players in India employing over 5500 people

HTMT's IT/BPO domain expertise is in the areas of Insurance, Financial services, Manufacturing, Telecom, Pharmaceutical Products, Consumer Electronics, Household Products, Energy and Utilities. With delivery centers in Bangalore, Mumbai, Hyderabad, Chennai, Manila, Mauritius, Toronto and New Jersey, the company has marketing offices in the USA, Canada, UK and Europe. HTMT has world-class infrastructure in line with global standards of environment, resources and deliverables.

HTMT is one of the few companies in the BPO business that has output quality very close to six sigma standards and has set its eye firmly on a continuous improvement program. HTMT has been assessed for SEI CMM Level 4 for software development and is also ISO 9001:2000 and BS 7799 compliant.

About Hinduja Group

The Hinduja Group is one of the largest transnational business conglomerates in the world with diversified operations. Founded in 1914 by Shri P.D. Hinduja the Group provides a wide range of products and services worldwide. The group’s activities are divided into three core areas such as, Investment Banking, Global Investments and International Trading. The Hinduja Group is quick to grasp new opportunities and is expanding its investments and advisory services across international markets. As a part of the Global investment the Group owns stakes in Automobile, Information Technology, Entertainment and Communications, Banking and Finance, Infrastructure & Project Development Services, Chemicals & Agri business, Energy and Healthcare.

For more information please contact:

Maya Naresh
Hinduja TMT Ltd.
E-mail: maya@htmt.soft.net
Ph: +91 98454 93917