by Guest
1/20/2011 5:58:00 PM
Kolkata: IT firm Cogizant Technology Solutions (CTS) is set to engage at least 25,000 new employees in 2011, while focusing more within the country in tune with its strategy to expand operations in developing economies, a top company official said.
"The company, which had a mandate of growing at 38.8 percent last year, performed well in the last two quarters," CTS president and managing director (global delivery) R. Chandrashekaran told reporters after the inauguration of its second campus in Bantala SEZ complex in the eastern part of the city.
"Most of our campus recruitment process is over. So we are definitely looking towards a very healthy number of people. It will be at least as good as last year when 25,000 new people were recruited," said Chandrashekaran.
He said the performance of the company's Indian operations during the last couple of quarters has been good and there is a healthy demand.
"We are making a lot of investments in newer markets. Europe is growing. We are focusing on emerging markets like India, Middle East, Japan, Australia and ASEAN countries."
While not commenting on India's share in the company's global turnover, he said: "We are seeing healthy pick up in the global market. Given the potential the countries have, we are hopeful of growing faster in emerging geographies."
The company will, meanwhile, continue to make new investments in newer geographies including India.
"It had earmarked an investment of $180 million for Indian operations which has almost been utilised. We have not finalised about investments for 2011," Chandrashekaran said.
The second campus of the CTS spread over 20 acres land, will be developed in three phases. The first phase of the facility, a LEED-certified green building, has a capacity to accommodate over 4,000 professionals.
The company has invested around 
200 crore for the construction of the first phase. After the completion of the project, the Bantala campus will accommodate around 16,000 professionals.
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