CGE&Y Plans 2 More Centres In India; To Hire 4000 Pros

Mumbai: | Updated: Nov 4 2003, 05:30am hrs
Consulting, technology and outsourcing services provider Cap Gemini Ernst & Young (CGE&Y) plans to set up two more centres in India and recruit 4000 professionals for its Indian operations by the end of next year. In order to strengthen its operations here, CGE&Y is also close to acquiring a business process outsourcing (BPO) company and expects the acquisition to be completed by the end of this year.

CGE&Y, Asia Pacific, chief operating officer Salil Parekh, told eFE that India is of strategic importance to the company. The company has aggressive ramp-up plans for India. The company aims to have an employee strength of 10,000 in the next 36 months. Globally, he said, the employee strength of the company is around 50,000.

By the end of next year we plan to have an employee strength of 5000, he said. The current India centre is located in Mumbai and is expected to house 2000 employees. The centres current strength stands at 1000.

The second centre that is being planned by the company is expected to start functioning by early next year. This centre will be located in Bangalore and will house 2000 professionals. Mr Parekh added that the blue print of the third centre is still being drawn up and the centre is expected to be up and running by the third quarter of next year. While the location for this centre is still undecided, CGE&Y is looking at Chennai, Pune and Delhi. This centre is expected to house around 1000 professionals.

Of the total 5000 professionals, 1500 will focus on BPO while the rest will focus on IT services, Mr Parekh added.

Inorganic growth too forms an important part of the companys roadmap for India. Besides the BPO company it has identified for acquisition, CGE&Y is also looking at two more acquisitions in the IT services space. Mr Parekh, however, refrained from divulging further details on this issue.