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Hitachi Consulting is on expansion drive in India and plans to more than double its headcount from 2,000 to over 4,500, including the strengthening of its physical infrastructure.
Part of the Japanese conglomerate Hitachi Ltd , Hitachi Consulting recently acquired Celerant Consulting, which has significantly added its presence in the US and Europe and new verticals such as energy and mining.
Philip R. Parr, Chief Executive Officer and President of Hitachi Consulting, told Business Line that the company will rapidly expand its presence in India and plans acquisitions in the consulting and services business.
“We have had a very successful acquisition-led growth in the past and the management plans to sustain the growth by further strengthening the infrastructure in India at Hyderabad and also look at acquisitions,” he said.
Philip Parr was in Hyderabad for a get-together with the company associates based in the city . The company has a tradition of inviting relatives of associates for a get-together.
Hitachi Consulting has a presence in India through three centres Hyderabad, Pune and Bangalore, with Hyderabad being its biggest.
The company plans to take about $25 million in infrastructure.
“By expanding our presence here, we will make India Hitachi Consulting’s biggest development and support base with more than 50 per cent associates as we head towards the $1-billion mark in revenue this fiscal,” he said.
Board meet
The parent Hitachi held its first board meeting outside Japan at Delhi in more than 100 years of business, and has decided to make India a major business centre. This is by following Japanese clients who are expanding into India and also following their expansion into other global markets.
Sanjay Jesrani, Executive Vice-President, Head of Global Development Centre, India and China, Hitachi Consulting, said the company is keen to expand its operations and partner with some of the Japanese companies setting up centres in India and expanding presence. Japanese firms are looking at India very optimistically for expansion.
“We will partner in large projects like Delhi Mumbai corridor and other such projects,” he said.
On the IT sector outlook, Philip Parr said the business is tending to look up after the recent US elections. Businesses are expected to increase their spend for IT.
rishikumar.vundi@thehindu.co.in
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