News: IBM to add 3,000 new employees in India

(RTR 21/09/2006) New Delhi - IBM, the world's largest computer services company, will take in up to 3,000 new staff in Kolkata to meet robust demand for outsourcing, a company official said on Thursday.

"We are very bullish to fill up this capacity very soon because the business is growing and customers are showing more and more interest in sourcing of global delivery services," Amitabh Ray, vice-president for application services at IBM India, said.

The new centre at Kolkata, an emerging IT hub, will provide application development and application maintenance services. In June, IBM said it would invest $6 billion in India over three years as part of its move to increase outsourcing services and client management from Asia's fourth-largest economy.

"India is by far the largest global delivery centre within IBM," Ray said.

India's low-cost English-speaking engineering workforce has attracted a slew of global companies, which outsource services such as supply-chain management, payroll processing, handset designs and financial analytics from the country.

India's software services sector is likely to grow by more than a quarter in the year to March 2007, on rising demand for outsourcing, India's National Association of Software and Service Companies has estimated. Contracts worth a combined $100 billion are coming up for grabs over the next two years, it said.