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Satyam to Triple China Headcount
Clean Media Correspondent
BANGALORE, Sept 11 (CMC) Indian outsourcing company Satyam Computer Services Ltd. Tuesday said that it will triple its workforce in China to 1,500 people by 2015 as part of efforts to better serve its global clients which have operations in the country.
Satyam and majority shareholder Tech Mahindra Ltd. together have software facilities in Shanghai and Nanjing, the Indian software company said.
Hyderabad-based Satyam said it will focus on clients in the engineering, manufacturing and telecommunications industries in China. It will also explore strategic partnerships with Chinese companies to boost growth in the local market as well as to support clients in Japan.
India's outsourcing companies traditionally earn most of their revenue from the U.S. and Europe. However, the recent economic turmoil in these two markets have led to many outsourcers looking to other markets such as China and Japan.
Top outsourcing companies Tata Consultancy Services Ltd. and Infosys Ltd. have already expanded their presence in China to serve global clients as well as to tap into the local market.
Satyam set up operations in China in 2002.
Satyam to Triple China Headcount
Clean Media Correspondent
BANGALORE, Sept 11 (CMC) Indian outsourcing company Satyam Computer Services Ltd. Tuesday said that it will triple its workforce in China to 1,500 people by 2015 as part of efforts to better serve its global clients which have operations in the country.
Satyam and majority shareholder Tech Mahindra Ltd. together have software facilities in Shanghai and Nanjing, the Indian software company said.
Hyderabad-based Satyam said it will focus on clients in the engineering, manufacturing and telecommunications industries in China. It will also explore strategic partnerships with Chinese companies to boost growth in the local market as well as to support clients in Japan.
India's outsourcing companies traditionally earn most of their revenue from the U.S. and Europe. However, the recent economic turmoil in these two markets have led to many outsourcers looking to other markets such as China and Japan.
Top outsourcing companies Tata Consultancy Services Ltd. and Infosys Ltd. have already expanded their presence in China to serve global clients as well as to tap into the local market.
Satyam set up operations in China in 2002.
ReplyDeleteThis is a good news for the software industry!