Computer Sciences Corp to up India headcount
Wednesday, 28 January 2004, 20:30 IST
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NEW DELHI: Despite a backlash in the West against outsourcing jobs to low cost destinations like India, US-based $13-billion Computer Sciences Corp plans to increase staff strength for its Indian operations. Computer Sciences Corp India Pvt. Ltd., a wholly owned local arm of the California-based global technology giant, has also decided to expand its services basket in the months ahead as part of the growth plans. "In India we have close to 1,350 professionals now. We are planning to add 800 more by end of the current calendar year," said Manoj Tandon, assistant vice president of Computer Sciences Corp India Pvt Ltd. "Most of the new recruits will be deployed at our upcoming centre in Hyderabad. The number of professionals in existing centres will also be enhanced in the coming months to manage new activities," Tandon told IANS. CSC currently manages one centre in Indore and three in Noida, on the outskirts of New Delhi. A fifth facility in Hyderabad, which will have a capacity to house 500 employees, is expected to be ready by June this year. "Like the other CSC centres in India, this new centre will also have world-class facilities and state-of-the-art infrastructure," said Tandon. The official didn't give any investment details. India's English-speaking and cost-effective software army caters to a wide customer range, including global financial giants and telecom equipment makers. The country has emerged as the preferred technology services outsourcing destination for global technology majors like Computer Sciences Corp, Accenture and Electronic Data Systems. India's IT market has grown from $1.73 billion in 1994-95 to $16.5 billion in 2002-03, accounting for three percent of gross domestic product last year. The country's software exports totalled $9.5 billion in the fiscal year that ended March 31, 2003. Software exports are projected to grow at 26 to 28 percent during the current fiscal year ending March 2004. Computer Sciences Corp in India is a key offshore development site for its network of company-owned operations in countries such as South Africa, Canada, Italy, Singapore, Malaysia and Australia. In India, CSC provides customised IT solutions to clients representing insurance, banking and healthcare verticals. It has also moved into business process outsourcing (BPO) and remote infrastructure management services. "We will expand our services basket in India by adding more industry verticals like telecom, energy and retail in this year," said Tandon. "Computer Sciences Corp India is fast becoming a strategic part of the global operations of the company, which participates in developing cutting-edge technology products for its parent," he added. "In the past two years, the company's operations in India have grown by more than 70 percent per annum, and the high growth momentum is likely to continue in the years ahead. "We are one of the fastest growing software services firm in India."
Source: IANS
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