Capgemini to hire 4,000 people in India
By
siliconindia | Monday, 17 May 2010, 07:51 IST

Mumbai: The Paris-based IT services and consulting company, Capgemini has planned to employ more than 4000 people for its India operations during this quarter. Capgemini India added 2,500 people in the first quarter. "India continues to develop in local and international business and is core to our Rightshore approach. We plan to see accelerating momentum in our headcount growth throughout the year," said Salil Parekh, executive chairman, Capgemini India.
The company's India headcount stood at 23,353 at the end of March, making India one of its largest centres. The company's headcount at its headquarters at 19,892 saw a drop of 0.7 percent, whereas the India headcount grew by over 5 percent in January-March (Q1). This reflects the company's strategy to leverage its offshore presence. Onshore recruitment reduced by 11.5 percent on a quarter-on-quarter basis.
The headcount growth also reflects the increased focus of Capgemini on India. Asia Pacific, which also includes India, contributed 2 percent to its revenue in the first quarter, up from 1.6 percent in the same quarter last year. Capgemini reported a revenue of 2,052 million euro (around Rs 11,750 crore) for the first quarter of 2010, down by 6.9 percent from 2,205 million euro (around 12,770 crore) in the same quarter last year.