Saturday, August 13, 2005

GE to Hire 500 at India Outsourcing Unit

Gecis, a JV between GE and private equity firms General Atlantic and Oak Hill Capital Partners, will hire 500 more people at its Western Indian center at Jaipur. The additions would take the total staff strength at the center to 1,500 by early 2006.

In addition, the company will also invest INR 750 million to set up a new facility in Jaipur. According to Pramod Bhasin, President and CEO, Gecis Global, the company serves some major global clients from the Jaipur center. He added that Jaipur center is the fastest growing site for the company worldwide.

The Jaipur center provides services in the areas of accounting, accounts receivables, customer service and technical support to both GE and non-GE customers in the US, UK and various other European countries. The center caters to industries such as commercial banking, consumer banking, corporate financial services and computer manufacturing.

-Reported by Market Watch-

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