CSC to hire 2K people by March09,says outsourcing pipeline strong

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New Delhi, Oct 15 (UNI) Amidst big corporate houses retrenching employees over the global financial turmoil, here comes an exception with IT services firm Computer Sciences Corporation (CSC) announcing its plan to hire 2,000 people in India in the next six months to keep up its good performance in manufacturing and financial services.

''At present, our headcount is 18,000 and in the next six months, we plan to raise it to 20,000...we have registered a robust growth in manufacturing and financial services segment, and to maintain it, we are hiring more people,'' CSC Operations India President Rajendra B Vattikuti told reporters here.

Meanwhile, Company Chief Executive Officer Michail W Laphen said his 17 billion dollar company will grow at par with the industry in the next three years, witnessing about 20-25 per cent growth, and sees no cancellation of the projects due to economic slowdown and financial crisis.

''Outsourcing pipeline remains strong,'' he said, adding the company is on its track to achieve better results.

Shedding the fears that US may stop outsourcing jobs in India, he said,'' its a global market...reality can't be changed and I donot see any significant changes in the future.'' The Virginia-based company sees opportunity arising out of global financial turnmoil as it will push the companies for incorporating better and efficient products and services, Mr Vattikuti said, adding, ''There will be demand for efficient services in banking and insurance sector in the coming months.'' Mr Laphen, who is on a six-day visit to India, will inaugurate the company's Noida campus, the largest centre in the country.

Other campuses are in Indore, Hyderabad, Chennai, Mumbai, Bangalore and Vadodara.

India contributes about one billion dollars in the company's total revenue.

UNI MP SG AS1457

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