ISS mulls to double revenue at Rs 400 cr by 2011

World's largest commercial providers of facility services ISS is eyeing to double its revenue in the country by 2011, from its expected revenue of Rs 400 crore this year.

"We are expecting a revenue of Rs 400 crore this financial year, January-December. We are looking at doubling our revenue in 2011," the Denmark-based company's Country Manager Jolly Kochery told PTI here.

He said, Facility Services India had started with around 2,400 employees, when it began operations in the country in 2005, and has now grown to 50,000 people.

"We are planning to add another 12,000-15,000 heads to our rolls in line with our growth in the country," he said.

ISS has operations in 53 countries in Europe, Asia, North America, South America and Australia and provides local and international standard for cleaning, catering, property services, office support and security services.

ISS Facility Services India has four training centres situated at Bangalore, Gurgaon, Mumbai and Chennai.

"We are upgrading the training centre in Chennai, which only gave training in catering services. It will become operational by Q3 in 2011," Kochery said.

The company has invested Rs 350 crore in the country, which is the second largest market for the company after Indonesia, he said. In India, the company is headquartered in Mumbai and has operations in more than 19 cities.