Quess Corp says first-time outsourcers are looking at flexible labour
Bengaluru: Quess Corp NSE -2.19 % is witnessing positive growth in demand for outsourcing and formalisation of the workforce, a shift that is expected to benefit the business services provider.
Out of the 29 deal wins in the January-March period, 40% were first-time outsourcers of flexible labour. The deals resulted in 9,000 headcount additions for the company, overall.
“The thesis we have is that the labour laws and GST codes will lead to more businesses formalising. As businesses formalise, they will choose to outsource more because they want to keep flexibility,” Suraj Moraje, chief executive officer of Quess Corp, told ET.