Friday, September 16, 2005

Capgemini to Set up Technology services Facility in India

Capgemini, the French IT and consulting services company, has decided to set up an additional technology services facility in India, in view of the increased offshoring of jobs by clients in Europe and the US. The company is also looking at acquisitions in the Indian market to strengthen its position as a core global offshoring location.

Capgemini currently manages three centers in Mumbai and one in Bangalore, with a total strength of 2,000 professionals. The company has decided to increase its headcount to 4,000 people by end of 2005.

According to Baru Rao, CEO, Capgemini India, the company plans to open the new facility by the 1Q 2006. However, he refused to disclose the capital expenditure earmarked for setting up of the new facility.

Capgemini India delivers services to customers in North America, Britain, Europe and Asia-Pacific. Besides India, Capgemini has another offshore outsourcing operation in China, which mainly focuses on the domestic market.

Reported by

No comments: