Ma Foi expands in Bengal

Explore Business Standard

| Ma Foi's business partner operations in Siliguri would its fifth office in eastern India and first in West Bengal outside Kolkata. |
| The office was formally inaugurated by Rahul Shankar, the local head of Coca-Cola, in the presence of Malay K Karanjai, principal of Siliguri College, and E Balaji, executive director of Ma Foi Management Consultants, the company said in a release. |
| Ma Foi said it would use the Siliguri centre to service employers on a continuous basis. |
| Balaji said he felt the Siliguri"�Darjeeling-Gangtok belt was rich in talent, with over 75 colleges in the vicinity, offering candidates with the competitive advantage of speaking good English apart from being hard working and industrious. |
| He felt the location was an ideal sourcing pool for the ITES industry. |
| Ma Foi's business partner operations will be headed by Keerthi Saha. |
| The centre would offer flexi-staffing, recruitment, assessment and payroll outsourcing services. |
| Siliguri had emerged as the main commercial city in north Bengal owing to its strategic location near international and state borders. |
| The Siliguri-Jalpaiguri Development Authority (SJDA) has taken up development projects to make it the most urbanized centres in the region after Kolkata, Ma Foi pointed out in its release. |
| With the opening of Nathula Pass for Indo-China trade, Siliguri would become an even more important trading hub. |
| The region offered good industrial and social infrastructure with five industrial belts at Rani Nagar, Cooch Behar, Dab Gram, Chandmoni and Jalpaiguri. |
| Tr aditional industries like tea, timber, tobacco and tourism were the mainstay of the economy in the region. |
| Siliguri was attracting private investments in infrastructure, housing, transport, tourism and agro-based industries, with ITC and the Taj Group having acquired land there, Ma Foi's release added. |
| Coke had a bottling plant here while process Industries like Pran Foods of Bangladesh and Dabur were in talks to set up projects in the zone, which also offered great potential for herb-based industries. |
| Ma Foi had recently developed its franchising model to widen territory for sourcing of talent and enhance delivery of flexi-staffing and permanent staffing, the company said. |
| Ma Foi was the leader in flexi-staffing in India with 12800 deputees serving across 490 locations at present. |
| The 13-year-old Ma Foi has placed more than 58486 personnel across 30 countries. |
| It has 50 offices in India, UAE, UK, Singapore, Sri Lanka, Malaysia and Muscat. |
| It posted revenue of Rs122 crore for the year ending December 2004. |
| Vedior, one of the world's largest recruitment companies and leaders in specialist staffing business, recently invested in Ma Foi. |
| New venture |
|
First Published: Jul 05 2005 | 12:00 AM IST