![]() Financial Daily from THE HINDU group of publications Saturday, Mar 15, 2003 |
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Info-Tech
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Human Resources Infogain to recruit 350 more in India Our Bureau
NEW DELHI, March 14 THE US-based software company, Infogain Corporation, plans to expand its offshore development centre in India by adding over 350 people in the next 18 months, a top company official has said. In addition to this, Infogain would also venture into business process outsourcing (BPO) in the next six months by setting up a centre with an initial capacity of 100 people, said Mr Kapil Nanda, Founder Chairman and CEO of the company, here at a conference on Friday. Mr Nanda said Infogain would invest $5 million for the proposed expansion. The funds would come from internal resources. Set up in 1990 in Silicon Valley, Infogain has competencies in customer relationship management, business intelligence, enterprise application integration and outsourcing application management and product engineering. The company established its offshore development centre at Noida near here in 1996. Of the 500-odd people the company has about 170 based at this centre. "Currently, we execute 15 per cent of our projects here in India. Over the next 18 months, this would go up to 50 per cent," Mr Nanda said, adding that Infogain makes revenues of about $40 million. "We are targeting $100 million worth business by 2005," he added. Some of its clients include Agilent Technologies, Sun Microsystems, Hewlett-Packard, Lockheed Martin, Netscape, ABN-Amro, National Semiconductor and Walgreens. The company partners with solution providers such as BEA Systems, Siebel Systems, TIBCO Software, PeopleSoft etc.
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