Genpact plans to hire 10,000 in India

Global business process outsourcing (BPO) services provider, Genpact, is planning to hire 10,000 professional for its India operations by the end of 2016, even as it is looking at setting up its fifth site in the country to focus solely on addressing the increasing demand for analytics, according to its vice-president and head (financial services analytics) Amit Bhaskar.

Genpact currently employs around 70,000 people globally, of which two-thirds is based out of its four India centres at Hyderabad, Bengaluru, Gurgaon and Kolkata. Of this, banking and financial services (BFS), and analytics staff account for nearly 45 per cent.

“Demand for analytics professionals is going through the roof. Genpact is planning to hire close to 1,400 people for its global BFS and analytics operations every year, including 400 in the analytics space,” Bhaskar said, adding that the company was formalising plans to open its fifth centre in India sometime during next year Genpact on Monday signed a memorandum of understanding with Icfai Business School (IBS) to jointly develop and deliver an analytics and research programme for the latter’s students.

The programme will provide direct exposure to commercial credit risk management and financial services analytics, which be imparted through guest lectures and workshops. Genpact plans to conduct these sessions through its own subject matter experts and training partners providing both theoretical and practical experience.

According to Bhaskar, IBS is the fourth Indian institution that Genpact has entered into partnerships with for the analytics and research programme. Genpact has already collaborated with the Institute of Management Technology, Ghaziabad, two universities in Kolkata and a couple of varsities in the US.

“We are in advanced stages of negotiations with two universities in Europe and one in Australia to sign similar structured partnerships,” he said, adding that upon completion of the programme, Genpact would absorb students into its analytics practice.

You may also like

More in BPO

Comments are closed.