First Indian Corp. to ramp up workforce

By siliconindia   |   Wednesday, 22 September 2004, 07:00 Hrs
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BANGALORE: “We are aiming to double our workforce in the next 24 to 36 months,” said First American Executive Vice President Dennis Gilmore. The NYSE-listed firm has invested $40 million in India over the last 10 years at its unit in Hyderabad and Bangalore.

First Indian LLc President Peter W Gorrie said “ we planned to add 1,700 people in the next 24 to 36 months to its present workforce of 2,500. The firm presently had 2,500 people including 250 software programmers, 150 call center workers and 2,100 people in back office processing.”

The $6.1 billion firms was exploring Mysore, Chennai and Mangalore as alternative location for its third facility and a decision would be finalized in two to three years, First Indian Country Manager Anoop Hegde said.

Gorrie said First India was also exploring opportunities with various government and private agencies for introducing products like Title Insurance and Credit reporting in the country, adding, “it was too premature.” First Indian outsources to third party vendors and about 850 people do back office processing with vendors, which would be increased to 1,000 in two years, he said.

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