Indian software services firms Wipro and HCL Technologies will join global firms IBM, HP and CSC in a bid to snare an IT consolidation project of ArcelorMittal, the world�s largest steelmaker. The deal is expected to be worth up to euro 400 million (around Rs 2,360 crore).

The project, which aims to consolidate ArcelorMittal�s IT infrastructure across Europe, has the potential to be one of the largest in the region for the Indian software sector. It could also provide a firm foothold in a market that is receiving greater attention from domestic outsourcing companies.

According to sources, Brussels-based global sourcing advisory Quantum Step is advising ArcelorMittal on the deal. However, when contacted, a spokesperson for Quantum Step declined to comment. An email sent to ArcelorMittal�s India office did not elicit any response. Calls to its UK office went unanswered.