Telelogic to ramp up India operations

Telelogic, a provider of software solutions for automating software development, has announced to further strengthen its Indian operations by opening new offices and ramping up the headcount of its product development team based out of Bangalore.

With its Indian operations contributing significantly to its global revenues, Telelogic has opened new sales and support offices in Pune and Delhi.

The company has also announced that it will open its regional office in Hyderabad by October this year and ramp up the headcount of its Indian research and development team to 150, from the present 100, in one year.

"India not only provides us world-class talent to develop cutting-edge software, it also has a large domestic market providing us enormous opportunity to tap the same," said Telelogic CEO Anders Lidbeck.

He said the Indian operations were growing at 33 per cent year on year since 2001 and the country emerged the third-largest market for the company after Japan and Australia in the Asia Pacific region.

Lidbeck said the company had planned to further consolidate its position in India by partnering with leading Indian ISVs to provide strategy consulting to its Fortune 500 clientele and working closely with the Indian government on e-governance initiatives.

Telelogic started its Indian operations in 2000 with a team of just three people and later opened its research laboratory in Bangalore in 2004 with a team of five.

At present, the company has over 200 employees in the country including a team of more than 100 software developers. Some of its key Indian customers were Wipro, Infosys, Tata, Patni, Sasken and DRDO, Lidbeck said.

Globally, India's is the third-largest operation for the company after the US and the UK. The research lab in the country is the largest single operation for the company worldwide.

Lidbeck said that the company had been funding its India expansion from the profits it had made here over the last few years.

Telelogic, which is headquartered in Malmo (Sweden), logged a revenue of $200 million in the last calendar year.