The newly opened Sri Lankan unit of Indian IT firm, MphasiS is presently finalising a contract with a large multinational that could immediately require the company to hire about 500-1,000 employees, a top official of the firm revealed.
MphasiS, a leading IT services provider headquartered in India, kicked off its operations in Sri Lanka last week following the opening of its Global Delivery Centre in Orion City, Colombo 9, to provide Applications, Business Process Outsourcing (BPO) and IT infrastructure and Outsourcing (ITO) services to clients worldwide.
“We are presently negotiating with a large multinational firm to get outsourcing work for the new Sri Lanka unit. We will be doing a presentation today and if the contract materialises, we are talking about employing anywhere between 500 to 1,000 people,” MphasiS, Chief Executive Officer Ganesh Ayyar disclosed at the inauguration ceremony held at the company’s new office last week.
He said that over the longer-term the company plans to hire 3,000-5,000 people in the space of 36 months.
“As we are speaking, a contract is already being finalised with a large multinational to move its work to Sri Lanka. The work will be shifted in about four weeks,” Ayyar said.
The outsourcing unit presently has a 250-seat office space and has already hired 55 IT graduates to manage infrastructure and application services. Ayyar said that MphasiS has been working on hiring local talent as well as setting up infrastructure since it announced its intention to set up the delivery centre end last year.
“The three main reasons why MphasiS chose Sri Lanka compared to another country in the region – which I do not want to name – are because of the strength of the island’s IT talent pool, the government’s hunger for an accelerated post war growth drive and Sri Lanka’s Board of Investment,” Ayyar claimed.
The new centre was formally inaugurated on Monday by Minister of Economic Development Basil Rajapaksa along with the participation of a large number of other senior officials.
With over 38,000 employees and a global presence across America, Europe, Australia, Asia Pacific, Japan and India, MphasiS has been India’s fastest growing IT company in the year 2009, with a growth rate of 43 percent.
It is learnt that employees at the new Sri Lanka centre will be part of MphasiS Global Talent Pool and groomed as a part of MphasiS Talent Development Programme.
“Sri Lanka’s vibrant talent pool is of strategic interest to us and we hope to expand our footprint here. Our focus in Sri Lanka is holistic. Our aim is to develop the larger ecosystem and be a responsible corporate citizen. We want to build deeper roots into the talent supply chain in Sri Lanka, partnering with academia, industry bodies and the government,” MphasiS Chief Information Officer M G Raghuraman.
MphasiS is a leading provider of applications services, remote management services and BPO services. The company delivers real improvements in business performance for clients through a combination of technology know-how, domain and process expertise. MphasiS services clients are in financial services, healthcare, communications, transportation, consumer and retail industries and governments around the world
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