DB Healthcare (Worldwide) Inc, a US-based staffing company involved in the business of providing contract staffing of nurses in the US, is all set to expand its presence in India by adding 12 more training and recruitment outsourcing centres. | |
| Talking to Business Standard about its expansion plans, Mayur Kamdar, president and CEO of DB Healthcare's India operation, headquartered at Ahmedabad, said, "We plan to increase our presence in India by raising the number of centres from eight to 20 by the end of 2009." |
| |
| The company has three centres in Ahmedabad and one each in Vadodara, Surat, Rajkot, Jaipur and Chandigarh. |
| |
| The company will execute its expansion in a phase-wise manner by adding four branches in the first phase. It will set up one centre each in Indore, Amritsar, Ludhiana and Pune between August and September 2007. |
| |
| In the second phase, it will enter Kolkata, Bangalore and Hyderabad by March 2008. The third phase will mark its entry into Nagpur, Kochi and Udaipur. The remaining two centres of the 12 that it plans to add are yet to be decided. |
| |
| The company plans to set up a nurse training and recruitment centre in semi-urban cities in order to minimise the cost of training and recruitment of the nurses. |
| |
| "With a centre in metro cities, the cost of operation stands to increase thus making recruitment economically unviable," said Kamdar. |
| |
| The cost of operating a centre in semi-urban cities is Rs 20 lakh per centre, compared with Rs 45 lakh per centre in the metros. DB plans to have minimal presence in the metros. |
| |
| According to Kamdar, the company's India operations are a back-end operation for its parent company "" DB Healthcare Inc based in Boston, Massachusetts, US. "Our India operations are basically to source nurses for our parent company in the US. Hence, they are basically cost centres and not profit centres." |
| |
| The company bears all the expenses of training of a nurse to familiarise with the US job environment and her N-CLEX exams. If the nurse clears the N-CLEX exam, the procedure and expenses for her immigration and travel to US are borne by the company. |
| |
| The nurse has to enter into a three-year service contract with the company and will be an employee of DB Healthcare Inc. |
| |
| As per the company, its group's growth rate is 80 per cent. It expects that its topline will touch $30 million from the current $8 million within three years. The company also plans to get listed on the Bombay Stock Exchange after three years. |
| |
|
| |
