Background: Incorporated in 1999, KPIT Cummins (MT) is a leading product engineering and IT consulting partner to automotive & transportation (40.3%), manufacturing (34%) and energy & utility (14.2%) companies and operates in three main business segments: Integrated Enterprise Solutions (48.7%), Automotive & Engineering (23.4%) and SAP (27.9%).KPIT derives 19.1% of its revenue from Cummins, its largest client, which also holds stake (10.6%) in the company. The company has 8,286 employees spread across 10 countries to cater services to 178 clients, which include 16+ OEMs (9 of top global 12), 50 tier-1 auto component tier 1 vendors and 8 global...