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Our Bureau

Targets to raise headcount to 25,000

Mumbai April 11 The Gurgaon-based Infovision group plans to invest about Rs 350-400 crore in the next three years for scaling up its domestic and international BPO (business process outsourcing) and KPO (knowledge process outsourcing) operations.

The company has ambitious plans of adding 12,000 seats (jobs) for its domestic operations and 3,000 seats for international operations, said Mr Aditya Gupta, Infovision Group. "We want to triple our headcount to 25,000 employees in the next three years to meet the target of becoming a Rs 1,000-crore company from the present Rs 200-crore company, by 2010," Mr Gupta told Business Line on the sidelines of a press meet to announce the company's new facility in Mumbai.

The company has set up its second facility in Mumbai, which will initially house about 1,500 employees, to be enhanced to 2,500 by March 2008. The centre will cater to BFSI (banking, financial services and insurance), retail, telecom, aviation and consumer durables.

Infovision provides voice-based and process-based outsourcing services in health, FMCG (fast moving consumer goods) and the financial sector.

The company, which has about 90 per cent revenues coming from the US and UK, will be adding to its existing capacities in Chennai, Delhi and Mumbai.

Capacity addition

"We are looking at adding 300-500 seats to our existing facilities in Chennai and Mumbai by the third quarter of fiscal 2008. We will also add about 1,500 people for our international operations," said Mr Gupta. The company will fund its expansion plans by a combination of equity, debt and an IPO. "We will be going for an IPO by March 2008," Mr Gupta said, without giving further details.

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Infovision draws up Rs 350-cr expansion

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