Join Hands to Build a Smarter India: Sign in | Join now
News

Wal-Mart plans IT back office in Bangalore

By SiliconIndia  |   Friday, 20 June 2008, 05:56 Hrs
Print Email
Bangalore: Wal-Mart, the world's biggest retailer, plans to set up a captive IT/ITeS unit in India's tech capital, with the potential to create several jobs, sources said.

The $388 billion company, based in Bentonville in the U.S., has ongoing outsourcing ties with firms like Infosys and has done a recce on developing the captive shared services center to cater to multiple functions in its worldwide operations.

Apart from IT development and maintenance, a shared services center also normally supports different parts of a global enterprise such as HR, finance and accounting. While a definite call on the captive unit is still pending, Wal-Mart is believed to have looked at senior tech resources to take the idea forward.

"Wal-Mart is expanding its IT resources globally, including in India, to support its growing international business and its operations in India. However, we have made no further announcements to that growth. We currently have no plans for a captive development center in India," a Wal-Mart spokesperson said.

In February this year, the retailer said it was expanding IT staffing in India through outsourcing deals with unidentified vendors. The press statement at the time made a specific mention that Wal-Mart was expanding outsourcing even as it created several hundred new jobs in Northwest Arkansas in the U.S.

The development comes when there is a raging but inconclusive debate about the long-term viability of captive IT units on concerns of escalating costs. But several global retailers like Tesco, Target and Supervalu have set up captive support centers in Bangalore in the last three-four years.

Experts on SiliconIndia
Pradeep  Kar
Founder
Microland
Gaurav  Taneja
Founder
fabulloso!
Ashish  Abrol
Founder
BigIndianwedding.com
Harsad  Daswani
Founder
The Beach
Vilas  Bhalerao
Sr. Manager
RDC Concrete (India)
Praveen  Bsp
Hardware Engineer
GE HEALTHCARE
Ranjit Singh Thind
English Trainer
LOGOS ENGLISH
Sign Up for DailyDose and Read the Day's Highlights
Write your comment now
 
SiliconIndia About Us   |   Contact Us   |   Help   |   Community rules   |   Advertise with us   |   Sitemap   |  
News:       Technology   |   Enterprise   |   Gadgets   |   Startups   |   Finance   |   Business   |   Career   |   Magazine  |   Newsletter   |   News archive  
Cities:        CEO   |     Startup   |   Mobile   |   CIO   |   Women   |   BI   |   HR   |   SME   |   Cloud   |   Marketing   |   QA   |   Java   |   Web Developer  
Community:      Members   |   Blogs   |   Indian Entrepreneurs   |   Gyan   |   Advice   |   Community   |   Find   |   CXO Insights  
Job Board:      Jobs   |   Freshers   |   Companies   |   HR Speak   |   Forum  
Online Courses:   Web Developer   |   Java Developer   |   CCNA Training   |   SEO   |   SAS   |   SQL Server 2005   |   J2EE
Education:   MBA   |   MCA   |   Engineering   |   Training Institute
Life:          Real Estate   |   Travel   |   Finance   |   Gadgets   |   Movie Reviews   |    Jokes  
Send your feedback and help us continue to improve SiliconIndia
© 2014 InfoConnect Web Technologies India Pvt Ltd. all rights reserved