Engineering services company Tata Technologies will add 2,000 persons to its rolls in the next 12 months, a top company official has indicated.

“Now that the days of growth are back, we are seeing massive investments by automotive companies across the globe. Hence, we as a company are focused on building capabilities to support our growth ambitions,” Mr Warren Harris, Tata Technologies President and Chief Operating Officer, told Business Line .

The Tata group company currently has 4,250 employees. It derives majority revenues from the automotive sector. The $300-million company services related to engineering and design, product lifecycle management and product development services.

Mr Harris is particularly bullish regarding the US automotive sector given that sales of new cars and trucks had increased 17 per cent in January compared with the same month last year.

And he feels that engineers will be keen to join the company, in spite of competition from the pure-play IT industry which employs engineers in huge numbers every year.

“We have five full vehicle programs that we are currently working on…we feel that engineers would be kicked to be a part of actual product development work,” Mr Harris said on the sidelines of the Nasscom India Leadership Forum.

Onsite presence

Around 60 per cent of the incremental hirings will be from campuses. The company is also keen to ramp up its onsite presence by hiring local employees in the US and Europe.

“We just concluded a recruitment drive in Detroit, US last month. We have already hired about 40 who used to previously work in auto majors Chrysler, Ford and GM before getting laid off during the recession,” said Mr Harris.

Time and again there have been rumours that the Tata Group is keen to merge group companies, Tata Consultancy Services with other sister firms such as CMC and Tata Technologies.

However, Mr Harris does not see a business case for such an arrangement.

“Our Chairman has been clear with his views on this subject. We believe that TCS' volume growth driven model is very different from the growth metrics at Tata Technologies,” he said.

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