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Intelligroup eyes Indian mkt

Earmarks $2 million for expanding India operations

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CH Prashanth Reddy Hyderabad
Intelligroup, a global provider of strategic outsourcing services and an IT partner to some of the world's largest companies like Microsoft and Oracle Network, is looking at the Indian market both as a customer and a country for outsourcing.
 
"We want the Indian operations to account for 10 to 15 per cent of our global revenues in a span of two years," Vikram V Gulati, president and chief executive officer of the $119-million Intelligroup, told Business Standard.
 
The Nasdaq- listed company, which currently has an offshoring centre here, is planning to set up a second development centre in India to strengthen its existing base in the country.
 
"Recently, we opened our office in Bangalore and will be picking up other locations in six to 12 months to set up our second facility," Gulati said.
 
The company, which would be moving to a new leased-out premises at Hitec City here by September, has earmarked an amount of $2 million for expanding its operations in India.
 
This includes adding 500 more people to its 1,500-strong workforce at the Hyderabad centre. The company is also hiring more sales personnel to expand its sales reach in the country.
 
Gulati said that Intelligroup's immediate focus would be on training its staff so that they are competent enough to cater to the needs of changing businesses, technology and customer requirements.
 
"We will focus on imparting soft skills because we want to develop consultants and not just programmers," he said.
 
In the US market, Intelligroup's services are spread over the areas of consumer products group, life sciences, public sector and K12, an education sector.
 
"We will sell the same four verticals in the Indian market," Gulati added.

 
 

 

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First Published: Jul 01 2005 | 12:00 AM IST

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