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Indian IT firms hiring abroad

As Indian IT companies continue to move up the value chain, they are realising that it’s no longer sufficient to have just a large India presence.

Rahul Sachitanand | Print Edition: December 30, 2007

As Indian IT companies continue to move up the value chain, they are realising that it’s no longer sufficient to have just a large India presence.

To compete with technology behemoths such as IBM and Accenture, Indian vendors are now rapidly expanding their overseas hiring. “We don’t want to be seen as an Indian company out to take away local jobs.

Indian IT firms on a global hiring spree

 Company

 Global hiring strategy

TCSNon-Indian employees to grow from 5 to 10 per cent in 2 years 
WiproIncrease non-Indian hiring from 3 to 10 per cent by 2010 
InfosysChina presence to double; hiring growth also in Latin America 
SatyamFocus on growing Chinese operations to get more business from that country and act as offshore location for Japan 
We want to hire locals to build our image in each country,” says Phiroz Vandrevala, Head of Corporate Affairs for TCS.

Virender Aggarwal, Director and Senior Vice President, Satyam Computer Services, says over 40 per cent of its Australian Development Centre comprises locals.

Already, TCS is the largest IT company in Latin America with around 5,000 employees and is expected to take this to at least 10,000 within two years.

Others, however, point out that expanding overseas has a downside for Indian IT companies. “They need to be prepared for higher costs and lower margins,” warns Sid Pai, Partner at TPI, a global sourcing advisory.

But that’s a small price to pay to blunt the backlash against outsourcing.

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