Seems, India is looked upon as a place to drive hiring plans for numerous foreign IT companies. According to a latest update, European IT services provider, Capgemini, is working on a strategy that will substantially increase its offshore delivery in India.
According to a latest update, Capgemini is planning to expand its business in geographies such as North America, Latin America, South Asia and the Middle East. Europe based global IT Services Company Capegmini has been working on the strategy from last one year.
Initially, Capgemini is planning to recruit students from premier Indian colleges for its global consulting operations this year. Besides trained staff, fresher are also likely to be trained for six to eight weeks to gain an offshore perspective.
As far as service lines are concerned, application services and business process outsourcing have the highest offshore leverage.
It is reportedly said that India will have a lion's share of Capgemini’s employees.
According to Paul Hermelin, global CEO at Capgemini, most of company’s hiring will take place in the next three years. The company is targeting a global headcount of 160,000, out of which half would be coming from offshore locations by 2015. By that time, revenue from outside Europe is expected to reach 35 percent from present 20 percent.
Presently, about 37 percent of company’s employee base of 120,000 is based on offshore locations such as India. It employs 37,000 people in India and about 5,000 in Poland.
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