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Sapient to up its India operations
By siliconindia
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Thursday, 29 November 2007, 01:02 IST
Bangalore: Sapient, a U.S. based $490 million company that provides IT services to global clients, is planning an expansion of its Indian operations over the next one year apart from tapping the domestic market for business growth, reported Business Standard.
Currently, Sapient employs 6,000 people globally, out of which 3,800 are based out of its centers in Bangalore, Gurgaon and Noida.
"India has emerged as being critical to the growth of the company. It will continue to drive growth with more people being recruited for various positions," Sandeep Dhar, MD, Sapient India, told Business Standard.
"The Bangalore and Gurgaon centers will witness growth in terms of manpower in future. Next year, we intend to recruit 1,000 people for the Bangalore office alone. At present, India accounts for 70 percent of the company's overall operations. We expect the workload to increase once the company bags new clients," he added.
Though Sapient has development centers in Los Angeles, Munich, Dusseldorf, Miami and New York, according to Dhar, the Indian development centers are the fastest growing for the company.
"India is part of the company's globally distributed delivery model. Several teams and business practices are led from the Indian office. They handle the projects end-to-end," he pointed out.
The company is now keen on tapping the Indian market for growth. "The Indian economy is growing at a healthy rate. This has created business opportunities for companies like Sapient. We are targeting a dozen clients in the first year in IT consulting and financial services," Dhar said.