The Hindu Business Line : ABC Consultants bets big on recruitment process outsourcing

ABC Consultants, a player in the organised recruitment services sector, has set its eyes on `recruitment process outsourcing' (RPO) to cater to the needs of major companies.

"Some companies recruit thousands of people annually. Since we have been in the field for 36 years and have developed an expertise, we think we can tap this opportunity," Mr Shiv Agrawal, Chief Executive Officer of the ABC Consultants Pvt Ltd, said.

ABC might opt to forge a joint venture with companies having an experience in BPO operations. In the next 12 months, the company will set up offices in the US, the UK, West Asia and China. "We would like to focus on recruitment needs that are India-centric," he said.

Besides attending to the company's core business, these global offices will also act as business development offices for RPO activities.

ABC Consultants, which clocked revenues of Rs 30 crore in 2004-05, is targeting Rs 40 crore this fiscal. In October last year, it hived off its IT and ITES verticals to form a joint venture called Manpower. ABC holds a 26 per cent stake in the venture.

Last year, the company recruited over 6,000 people, with a bulk of them in IT (1,800) and manufacturing (1,400). He said has no plans to tap the market in the "foreseeable future." The company focusses on middle and senior management recruitment across various industry verticals.

"We have never seen a better market. It is not restricted to IT or ITES. The growth is across all the segments, fastest of it being manufacturing. The consultants face the problem of supply and not the demand. Too many jobs chasing a few people," he said."As job seekers have more than one offer on hand, they started asking questions on the work culture, training opportunities," he said.

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