Telelogic to strengthen Indian operations

Sweden-based Telelogic, a provider of software solutions for automating software development, today announced plans to further strengthen its Indian operations by opening new offices and ramping up headcount of its product development team in Bangalore.

With its Indian operations contribution significantly to the company's revenue globally, Telelogic has opened new sales and support offices in Pune and Delhi. The company also announced plans to open a regional office in Hyderabad by October and ramp up headcount of its Indian R&D team to 150 from the present 100 in the next twelve months.

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

Lidbeck said Indian operations was growing at 33% on annual basis since 2001, and was the third largest market for the company after Japan and Australia in the Asia-Pacific region. Going ahead, he said, the company planned to further consolidate operations 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 operation in 2000 with a team of three and later opened its research lab in Bangalore in 2004 with a team of five people. Presently, the company has over 200 employees in India that include a team of more than 100 software developers. Some of its key Indian customer includes Wipro, Infosys, Tata, Patni, Sasken and DRDO, Lidbeck said.

India is the third largest operations for the company worldwide after the US and UK. The Indian research lab is the largest single operation for the company worldwide. Lidbeck said that the company has been funding its expansion in India out of profits made over the last few years.