![]() Financial Daily from THE HINDU group of publications Saturday, May 14, 2005 |
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Info-Tech
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Outsourcing Unisys plans expansion; second unit by year-end Our Bureau
Hyderabad , May 13 UNISYS Corp is firming up plans to set up its second centre in India by the year-end. The choices for locating the facility have been narrowed down to Hyderabad, Chennai and Kolkata. The Managing Director of Unisys Global Services-India, Mr Mukul Agrawal, told Business Line that the focus of this second unit would be IT and the BPO (business processes outsourcing). It plans to invest about $50 million. By June-July, the decision on where to locate the facility would be taken. About 1,000 people are to be employed in the Centre. The company has its presence in Bangalore, where about 200 employees and 800 with vendors are employed. Plans are to increase the headcount by three times by the year-end, Mr Agrawal said. The company's expansion would also take care of the bulk of activity that is proposed to be moved out of the US into India. Banking, insurance and airlines have been the strong sectors for Unisys traditionally. Offshore work for US companies through call centres, BPO and remote operations are the major thrust. In India, it is banking on the growing airlines, telecom, banking (payment processing) areas to source significant contracts. It wants to offer end-to-end solutions in the proposed BPO centre. In software, the stress would be on technical skills, he said.
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