CA to add 1,000 people in three years

Unperturbed by the current financial crisis, Nasdaq-listed IT management software company CA today said the company is bullish on India and will add 1,000 people in next three years to strengthen its research and development team.

"Our hiring plans are not affected... We will add another 1,000 people in our research and development team in India in the next three years," CA India Technology Centre senior VP and MD Lokesh Jindal said on the sidelines of the World Economic Forum here.

Currently, the company has 1,600 people in its research and development team in India and has already made campus placement offers to 80 freshers.

"Every year we recruit 80-100 fresh graduates and this year also we are in line to achieve that," he added.

CA also has plans to increase the headcount of its sales and marketing team, which has a base 100 people now.

However, he declined to share the details.

Besides, the company is also planning to expand operations in newer verticals like retail, energy and pharmaceuticals.

"We are looking at new verticals such as retail, energy, pharmaceuticals and healthcare in India," Jindal said.

Analyst feels that with the banking and financial sector coming under pressure due to the financial meltdown companies are now looking at newer verticals to derisk their business.

At present, the US-based company services banking, financial services and insurance (BFSI), telecom and government sectors.

The company said it is planning to provide regulatory-compliant and supply chain management solutions to the pharma and healthcare companies.