Business Daily from THE HINDU group of publications
Thursday, Nov 16, 2006
ePaper
Business Daily from THE HINDU group of publications Thursday, Nov 16, 2006 ePaper |
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Info-Tech
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Off-shore Development
Our Bureau
Hyderabad , Nov. 15 Satyam Computer Services Ltd has announced its 100-seater development centre in the Guangzhou Software Park, China, which has potential to scale up to 1,000 employees by 2008-end. The development centre will serve as a near shore set-up for Satyam's customers based out of Hong Kong and Japan. The Satyam Director, Mr Virender Aggarwal, in a statement said: "China is strategic to our Asia Pacific operations and the launch of the Guangzhou development centre fortifies our commitment to the Chinese market. To de-risk, we are exploring all possibilities to ramp-up operations in China."
Growth Plan
The new centre strengthens Satyam's presence in China, which includes operations in Shanghai, Beijing and Dalian. About 400 associates, of which 97 per cent are Chinese talent, work across technologies. Guangzhou is perceived as ideal nearshore location for our Hong Kong and Japanese clients who have invested in southern China. Satyam plans to further grow the team size to 1,000 by the end of 2008. The company indicated that the growth plan envisages increasing headcount to 3,000 associates and setting up of two more nearshore centres in Dalian and Beijing.
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