MindTree to open Orissa centre

Bhubaneswar, March 28 | Updated: Mar 29 2006, 05:30am hrs
The multinational IT major, MindTree Consulting Pvt Ltd., which signed an MoU with the Orissa government on Monday to set a development center in Bhubaneswar with 1000 professionals, announced that it would have 5,000 professionals in five years.

We have a vision to have the Bhubaneswar centre of the size of our Bangalore centre, said MindTree chief operating officer Subroto Bagchi. Mr Bagchi said that the head count of the three centers at Bangalore, New Jersey and Chennai would also be enhanced to 5,000 professionals in five years.

MindTree has acquired 30 acres of land in Bhubaneswar Infocity and is expected to start the construction work within the next financial year. The centre is likely to come up within a period of 12-18 months.

As the first step, MindTree has started recruiting from Orissa, and recently recruited a few MBA graduates from XIMB, Bhubaneswar. About the investments in the centre, Mr Bagchi said that it would decided only after the design is ready. But, it will be substantial, he added.

The MoU was signed by Mr Bagchi and on behalf of Orissa government by state IT secretary Mr S.N. Tripathy in the presence of chief minister Naveen Patnaik, and IT minister Surya Narayan Patro and chief secretary Dr Subas Pani.

With MindTree joining the Big Four Infosys, Satyam, TCS and Wipro, Bhubaneswar seems to be emerging as a major destination of IT and ITeS investments in the country. Both, Wipro and TCS, who have acquired land in the city for setting up development centers, have announced that they would start operations from this calendar year, the chief minister said.

Major IT and ITeS companies including Hexaware Technologies, Ramtech Systems have also finalised their plans for starting operations at Bhubaneswar, he added. TCS plans to start the centre within this year with about 250 software professionals. It has already started operations from the Fortune Tower, Bhubaneswar, where it has taken a full floor on rent.