Business Daily from THE HINDU group of publications Thursday, Jul 05, 2007 ePaper |
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Info-Tech
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Outsourcing States - Tamil Nadu SPi sets up new centre in Chennai
Mr Ernest L. Cu
Our Bureau Chennai, July 4 SPi, a Manila-based business process outsourcing company, has established a new centre in Chennai with a capacity to accommodate 1,110 employees. The centre, located in the Guindy Thiru Vi Ka Industrial Estate, will house SPi’s publishing and healthcare businesses. Around 360 content specialists will be recruited in the next few months, according to Mr Ernest L. Cu, President and Chief Executive Officer, SPi. The $160-million (Rs 650 crore) Philippine company provides editorial and content production solution for book publishers such as Harvard University Press and Oxford University Press. In India, it has around 1,300 employees in Puducherry and New Delhi, and the number will increase to around 2,000 by the year-end, he told newspersons. Mr Cu said in the next 15 months SPi would migrate some of the work done at the company’s Chicago centre to Asian centres, including Chennai. This will cause some job loss in Chicago by way of “natural attrition and layoffs.” At present, the Chicago centre has around 380 employees.
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