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Adith Charlie

Mumbai, Feb. 26

The Pune-based IT services provider Zensar Technologies is planning to spend about Rs 40 crore to set up offshore development centres (ODCs) at its existing headquarter campus near Pune. Two new buildings will be established on the campus for the purpose.

The new centres would focus on verticals like retail, manufacturing, and media and entertainment, said Dr Ganesh Natarajan, Deputy Chairman and CEO, Zensar Technologies."We would employ about 1,400 more people over the next two years to service the needs of our clients in these business verticals," Dr Natarajan told Business Line.

The two centres would be developed in phases; the first phase to be completed by December 2007 and the second by June 2008. The centres would primarily cater to clients in Europe and the US. The development plans would be financed totally through internal accruals, added Dr Natarajan.

More Stories on : Off-shore Development | Software | Maharashtra

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