Wednesday, January 16, 2008

Bits & bytes
Genpact to hire 7,000 workers

Business outsourcing major Genpact recently said it has decided on aggressive expansion of the Kolkata centre which would add another 7,000 employees.

The New York Stock Exchange-listed company said it has acquired a seven lakh sq ft facility to develop a mini-campus which would eventually be able to house an additional 7,000 employees.

The investment for the new Kolkata facility would be around Rs 200 crore, Genpact president & CEO Promod Bhasin told newsmen in Kolkata recently on the sidelines of a MoU signing ceremony with Unitech in presence of Chief Minster Buddhadeb Bhattacharjee to acquire a new
facility in an IT SEZ.

The manpower strength in the first centre is about 700 and was likely to increased to 1,000 in the existing facility by March.

"We are also looking at an organic growth of 25 to 28 per cent both in terms of revenue and headcount," Bhasin said.

Currently, Genpact has an employee strength of 32,000 across the globe of which about 24,000 are in India, Bhasin said.

Genpact is present in China, Philippines, Manila, Brazil, Hungary and Romania.

The company was recently allotted a 12.45 acre plot by Orissa, 50 acre by Andhra Pradesh and 25 acre by Rajasthan.


IAP to double headcount in India by year-end


Software solutions and systems integrator firm IAP Company Ltd today recently it would double its headcount in the country to 2000 by the end of 2008 besides opening up a new development
centre in Hyderabad.

The company would recruit 1,000 across various verticals in this year, IAP CEO and Managing Director Vipul Kant Upadhyay said in New Delhi.

Out of the total, 30 per cent of the employees would be recruited for consultancy.

It is also planning to open a new development centre in Hyderabad with a capacity of 500 employees. Currently, the firm has a development centre in Gurgaon.

The company would also set up its office in Mumbai, which would deal with its marketing operations.

It also has an office in Japan with about 150 people. PTI