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Capgemini India aims to double strength by 2010
By siliconindia
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Thursday, 29 November 2007, 01:02 IST
Ahmedabad: The Indian division of Capgemini, a French consulting, technology and outsourcing company said it plans to ramp up its employee strength from the current 17,500 to 40,000 by 2010.
With operations in Mumbai, Bangalore, Chennai, Hyderabad, Kolkata and Pune, Capgemini Consulting India offers its services across several verticals including retail, telecom, manufacturing, energy, utilities, finance and public sector.
In terms of personnel strength, the parent company Capgemini, plans to increase the global head count to 110,000 by the end of the decade.
With the rupee appreciation affecting a number of Indian software companies, Rao brushed away any major setbacks to the IT industry in the long run. "As an impact, the increment in cost for the industry will be 15-20 percent which has anyways been the case last year," said Baru S Rao, Chief Executive Officer, Capgemini Consulting India .
Rao denied any plans to enter the Indian capital market. Capgemini Consulting India, which earned a turnover of $8 billion for the financial year 2006-07, is in the second phase of developing its Chennai unit. The company has invested around $100 million in the Chennai unit. "The first phase of the unit has begun functioning with around 2,100 personnel and hope to take up the number to 10,000 soon," added Rao.