Infosys, India’s second largest outsourcing supplier has reportedly been awarded a $98.71 million contract with TNT Express, according a Times of India report.

TNT is believed to have contracted the IT outsourcer as part of the couriers aim to create savings of $220 million by 2015. The IT contract is designed to help the company achieve savings targets through a combination of consolidating and optimising services.

Infosys reports strong profits

As part of its infrastructure development plans, Infosys will deploy new online booking and payment platforms.

Infosys will also support TNT’s move to increase its focus on lucrative international markets.

Infosys and Tata awarded ITO contract from U.S. based energy organisations