HCL Technologies, one of the leading software exporters, announced a new large contract with New Zealand dairy co-operative Fonterra to modernise and manage the entire technology infrastructure Fonterra employees around the world use every day.

The multi-year partnership with HCL Technologies will consolidate Fonterra's technology suppliers and bring together the Co-op's IT infrastructure services under one umbrella. The services provided by HCL will enhance Fonterra's employee experience, to navigate through their business operations.

Michael Horton, Executive Vice President & Country Manager, Australia & New Zealand, HCL Technologies, said ''We have been supporting Fonterra for over a decade by managing its IT application support and maintenance portfolio including SAP. We are delighted to expand our partnership with Fonterra to modernize and manage the entire technology infrastructure.''

This partnership will also extend HCL's New Zealand presence to three offices within the country and will bring around 60 new jobs to the Waikato region, as the local support services for Fonterra employees will be based at its Hamilton Delivery centre.

The partnership will reinforce HCL's focus in supporting the local New Zealand IT ecosystem by investing in local skills and partnering with regional companies and tertiary education groups to develop the local expertise to fill these roles over the coming years, said the company

Shares of the company declined Rs 0.35, or 0.06%, to trade at Rs 606.65.