Fulcrum Logic to expand operations in India

By SiliconIndia   |   Thursday, 28 June 2007, 07:00 Hrs
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US based Fulcrum Logic, a global software solutions provider, announced its India expansion plans. The company is set to increase its headcount in its Mumbai and Pune facilities from 400 to 1200 for the present year, and reaching 4500 in five years.

The company plans to invest about 50 million USD over a five-year span, with about 10 million USD in the first phase, and about 40 million USD in the second phase. With current sales revenue of 25 million USD, the company expects to reach a turnover of close to 150 million USD within five years.

Government of India has recognized the growth plans and value proposition offered by Fulcrum Logic. It has allotted a land to set up a global knowledge campus to in the new upcoming Rajiv Gandhi Infotech Park, SEZ complex at Hinjewadi - Phase III, Pune. Fulcrum Logic will utilize this land for building a modern campus which will accommodate around 1,500 employees.

Rajesh Sinha, President and CEO, Fulcrum Logic said, "Being an end to end solutions provider, customers in US and Europe are realizing the unique combination we provide in terms of IT, Business and Management Consulting, coupled with global delivery framework, and this has helped us emerge as an alternative to the big six consulting firms in the mid size market."

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