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Archive for February, 2010

IT biggies on hiring spree; one lakh people to join workforce

February 15th, 2010

NEW DELHI: Switching over to robust recruitment mode after a dormant 2009, Indian IT players will hire nearly one lakh people in the coming months amid improving global economic conditions.

Coming after a forgettable year of hiring freeze, layoffs and salary cuts, the recruitment drive in the IT space is led by biggies such as Tata Consultancy Services and Infosys.

An analysis of the hiring plans announced by various Indian IT companies shows that headcount in the industry is expected to go up by more than 98,000.

According to analysts, increased spending on IT infrastructure and improving overseas markets for outsourcers, are among the main factors for the upbeat hiring prospects.

Diptarup Chakraborti, who is a Principal Research Analyst at global IT research firm Gartner said the industry is back on track with many projects lined up for completion.

“The industry has turned the corner and renewed optimism will bring back recruitment across the globe,” he noted.

Last week, the country’s largest software exporter TCS said it would increase headcount by 30,000 in next fiscal year while Infosys announced plans to hire 16,000 people this year.

Of the 12 companies which have announced their hiring plans, BPO giant Genpact said it would hire 10,000 people. Besides, IBM is looking at recruiting 5,000 followed by Infosys BPO (2,000), Accenture (8,000) and Mphasis (2,000).

Going by Gartner estimates, the domestic IT market is expected to grow by 19-20 per cent in 2010, a sharp rise against a 2.6 per cent growth in 2009.

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Samsung hires 300, poaches senior execs

February 15th, 2010

KOLKATA: Samsung India has embarked on a hiring drive in areas ranging from sales and marketing and product management to manufacturing operations, and poached people in senior positions to drive growth. The company is targetting sales growth of 40% this year.

While the Korean electronics major has just employed close to 300 people across divisions, it has also roped in Anish Kapoor from Tata Teleservices as sales head of the CDMA mobile phone business. Two senior people have joined from Videocon — Amit Gupta will head the channel strategy of the consumer electronics business while PK Gupta is VP (finance and accounts).

While Samsung has hired 100 people in the sales and marketing function over the past two months, it soon plans to recruit another 100 people. “We are recruiting additional manpower so that we can meet our ambitious business plans,” says Samsung India VP (corporate HR) Sanjay Bali.

Mohandeep Singh has been hired from Philips Electronics to head sales planning & operations of the mobile business.

our sales function can be strengthened and primarily in the sales and marketing functions. The move is in line with the company’s plans to enhance distribution and reach across product divisions like consumer electronics, IT and telecom.

On the manufacturing side, Samsung has recruited 100 employees each at its Noida and Chennai plants for the new AC production lines that have recently been set up.

Each of these lines has a production capacity of 0.6 million units per annum, taking the total production capacity for split ACs to 1.2 million units per annum. While the Noida AC unit will cater to North and East, the Chennai plant will cater to West and South markets.

Samsung India had clocked sales of $2.2 billion in 2009.

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Kerala expects TechnoCity to generate 50,000 jobs

February 10th, 2010

THIRUVANANTHAPURAM: The fourth phase of the Technopark here, branded TechnoCity, is expected to generate 50,000 direct jobs and provide indirect employment to 2 lakh, according to officials of the Kerala IT department.

The state IT department has announced completion of all formalities pertaining to acquisition of the 451 acres required for TechnoCity. In addition to 205.11 acres of land acquired by June 2009, 245.89 acres have been acquired since then, completing the land acquisition exercise. Officials said the state government had finalized the rehabilitation package for evictees affected by the project.

TechnoCity is proposed to be a complete IT city, with space set aside for residential, commercial, hospitality, medical and educational facilities, besides the infrastructure for IT/ITES companies. Officials said the project would be a self-dependent satellite city, without putting a constraint on the resources and infrastructure of Read more…

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Indian IT cos hire local talent in tier II US cities

February 9th, 2010

NEW DELHI: Claude Snow got Bombayed in November 2009. The 40-year-old from Kensington, Connecticut, left HP-run Electronic Data Systems to join the BSE-listed business services firm Firstsource Solutions as a vice-president for sales in the US.

Cut to 2010. Mr Snow no longer feels like the odd man out, as Indian IT firms in the US aggressively move in to recruit local talent, partly to suit their growth plans, and partly to assuage concerns triggered by rising joblessness in the US.

In the past 12-18 months, around 15,000 US professionals have joined Indian firms across function, from entry-level customer care to senior level sales and consulting positions. And like Mr Snow, most of them had never worked with an Indian company before.

IT veterans that ET spoke to say this trend would gather strength in the coming months, as Indian players strive to address concerns over flight of jobs, besides strengthening their own onsite services delivery capability.

Indian IT’s umbrella body, Nasscom, sees US protectionism as a key issue that could slow down growth of the $50-billion technology outsourcing business, spurring Indian companies to hire more local talent. The US market accounts for 61% of the business for Indian services providers.

Today, locals comprise about 30% of the Indian IT employee base of over 100,000 in the US. This is up from just a few hundreds 4-5 years ago, when most onsite needs were met by flying out engineers from India on H1B visas and the local talent was sought only for a few consulting type jobs.

“It’s also a sign of evolution and maturity of the industry. More Indian companies will be creating onsite jobs and hiring local talent as the industry expands,” says Pramod Bhasin, chairman of Nasscom & CEO of Genpact, India’s largest business services provider.

The onsite jobs include client interfacing functions like consulting, sales, solutions requirements and solutions deployment while the manpower intensive testing, coding and maintenance work gets done from remote locations, mainly out of India. Infosys has over 11,000 employees in the US and Wipro has 7,000, about a third of who are local Americans.

Wipro also opened a new office in Atlanta this fiscal. “We intend to localise more and almost all the 1,000 positions in the Atlanta office will be staffed by local hiring,” says Saurab Govil, senior vice-president, HR, Wipro Technologies. Last year, TCS hired Read more…

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