Thursday, February 02, 2006

Accenture to Increase Presence in India, China, Philippines

Accenture, the US-based IT and outsourcing major, will double its presence in the frontline outsourcing destinations of India, China and the Philippines from the current 24,000 to about 50,000 over the next three years.

The move, according to an Accenture spokesperson, would result in a major expansion drive in India. The company currently employs close to 16,500 people in the country in the IT, BPO and consulting divisions and account for 13 percent of the 126,000 staff across the world.

A number of major outsourcing service providers including Oracle, IBM, Dell have announced significant growth plans in India to take advantage of the low cost talent pool as well as to compete better against an increasing number of Indian outsourcing service providers like TCS, Wipro and others.

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