Satyam bags GM's BPO contract

The outsourcing contract with the US firm could fetch Satyam about $150 million over the next five years.

Indian IT major Satyam Computers services limited has bagged US-based General Motors' outsourcing contract, a senior company official said on Friday.

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The deal could fetch the company about $150 million over the next five years, Subu D Subramanian, Director and Senior Vice President, Manufacturing and Automotive Business Unit, told reporters here from Detroit via a video conference.

The final announcement from General Motors could be expected in a couple of weeks and by the time the modalities would be finalised, he said.

The company has been partnering with HP and CapGemini for providing various applications.