Financial Daily from THE HINDU group of publications
Thursday, Apr 28, 2005
Financial Daily from THE HINDU group of publications Thursday, Apr 28, 2005 |
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Info-Tech
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Human Resources KPIT Cummins to hire 1,000 more Our Bureau
Pune , April 27 KPIT Cummins Infosystems Ltd is all set to recruit 1,000 professionals during the current year with an emphasis on foreign interns. The company, which currently has more than 1,500 professionals, would be touching 2,500 by the end of the current fiscal, Mr Girish Wardadkar, President and Executive Director, KPIT Cummins said here. Mr Girish said out of the total of 1,000 professionals, 80 per cent of the intake would go into the sectors of manufacturing and ATS (advanced technology solutions) and of this 30 per cent would be freshers. It may be recalled that the company has set up a 300-seat Bangalore centre to house the VLSI and other ATS practices. The centre which is on a leased premises would be operational by May end. Mr Girish said to diversify the people's pool in the company, it would be recruiting interns from Korea, South Africa and plans are also on to recruit from Germany and Japan. It was estimating to recruit close to 70 foreign interns who would be working along with the development team in Pune. Currently, there are no foreign interns in the development team though it has close to 20 professionals in the sales and accounting departments who are housed at their respective locations. Mr Girish said work on the Phase II of the new techno campus at Hinjewadi of KPIT would begin by mid-2005 and is likely to be completed by March 2006. Commenting on the mergers and acquisition front, he said the company would be looking at companies that have their niche areas the ATS while pointing out that their core verticals of manufacturing and BFSI would not lag behind. The company would be looking at any acquisition, which would have a revenue turnover ranging between $5 million and $30 million. KPIT has already two acquisitions - - Cummins Infosystems and Panex Consulting.
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