BT to increase Indian workforce by 50 percent |
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Mon, 28 Aug 2006 13:10
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MUMBAI - UK telecoms giant BT Group PLC announced its intentions to increase its revenue in India to $250 million over the next three years. Currently BT's revenues from India total less than $100 million. The company said it would increase its workforce by around 50 percent.
"We are concentrating on big corporate companies, the ones which are investing in India and Indian companies who are drawing outwards," Andy Green chief executive officer, BT Global Services told Reuters. "Companies like Infosys Technologies Ltd. and Wipro Ltd. need exactly these services to drive their business forward and that is our real focus in India and will remain so." Green was in Mumbai to preside over the debut of Tech Mahindra Ltd. on the stock market. The company is a joint venture between BT Group and Mahindra & Mahindra Ltd.
BT has around 12,000 employees in India currently. It is involved with many business process outsourcing firms in India and said that it was hoping to augment this sector by boosting the number of jobs there. "My part of the business is a growing business; and so as we grow in our work force, we tend to grow it in lower labour cost and flexible economies... our agreements with the unions are very good and we are able to manage that," Green said.
However he ruled out any venture to offer direct broadband to Indian consumers. "We have invested tens of millions of pounds in India but these are strictly in the corporate sector and we are not interested in direct consumer space," Green said.
"That's the business we are in and all we do outside United Kingdom is to deal with large multinational customers network." He added that the free broadband offered by BT's rivals was a gimmick. "Broadband services offered free are never really free," Green said. "We expect to offer new services and at the moment our businesses are going on very well in this space."
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