Hyderabad, August 28, 2016 – Cyient, a global provider of engineering, manufacturing, data analytics, networks and operations solutions, is celebrating its 25th year and the company marked the occasion with a musical evening in Hyderabad today. Celebration that took place in Hitex, was attended by close to 6000 members including key clients, partners of Cyient, associates and their family members. The company has planned several activities as part of the silver jubilee celebrations across Cyient’s major offices in India and abroad throughout the year.
The event started off with a welcome address by Mr. Krishna Bodanapu, MD and CEO Cyient and Mr. BVR Mohan Reddy, Founder and Executive Chairman of Cyient presided over the event. Mr. Mohan Reddy addressed the gathering and shared his experience and insights into the 25-year journey of Cyient. Founded in 1991 with four employees and a strong entrepreneurial spirit, Cyient has grown into a vibrant organization earning revenues of around INR 3,000+ crores (close to US$500 million). Cyient today is truly multinational with operations in more than 36 global locations and is creating direct employment opportunities for more than 13,000+ professionals.
Speaking on the occasion, Mr. BVR Mohan Reddy Founder and Executive Chairman, Cyient said, “25 years ago, we embarked on a journey of shaping the future. We powered through the years with entrepreneurial drive and great enthusiasm. We touched millions of lives along the way. It is a proud moment for us to celebrate the silver jubilee event of Cyient. In this age, when the average survival span of an organization has come down to less than 2 decades, I am delighted to see Cyient celebrating its silver jubilee. Our success is on account of the collaborative effort of the entire Cyient family. I am thankful to all the four stakeholders: associates, customers, investors and society for believing in my vision and placing Cyient on the global map. Now as Cyient, it is time to look back with pride and look forward to greater possibilities.”
Mr. Krishna Bodanapu , CEO , Cyient commented , “Today marks a a very significant milestone for Cyient. We are proud to be part of this journey that has seen us weather all challenges and carve opportunities where none existed. Cyient is uniquely positioned and well placed to capitalize on the foundation of our success and deep rooted relationships with all our stakeholders – our clients, the 13,000 strong team of collegues, our investors, suppliers and partners”.
The evening proceeded with the felicitation of Mr. Vijayabhasker Reddy Sangem, a passionate long-distance cyclist and Cyient associate, who cycled 3700km solo from Kashmir to Kanyakumari within a month to commemorate Cyient’s 25th anniversary.
The cultural night also witnessed Cyient associates who were winners of an internal talent hunt competition giving performances themed around an ode to commencement of Cyient’s 25th year. This was followed by a live performance by the renowned Tollywood playback singer Sunitha Upadrashta, who enthralled the audience with her melodious voice and entertained them with her hit numbers like O Prema, Putthadi Bommanti, Naa Paata and many Bollywood hits as well.
Cyient (NSE: CYIENT) is a global provider of engineering, manufacturing, data analytics, networks and operations solutions. We collaborate with our clients to achieve more and shape a better tomorrow.
Our solutions are tailored to seven industry segments including aerospace & defense; rail transportation; medical & healthcare; communications; utilities & geospatial; industrial, energy & natural resources; and semiconductor. With decades of experience, investments in dedicated ecosystems and a network of more than 13,600 associates across 36 global locations, Cyient is well-positioned to solve problems, optimize costs and help increase clients’ market share. In 2015-16, Cyient had annual revenues of approximately $472million.
For more information, visit www.cyient.com