Global business and technology outsourcing services major Genpact is planning to expand its presence in the state. The company is working on a plan to set up an IT/ITeS special economic zone (SEZ). The techno-campus is expected to cost about Rs 121 crore and employ about 5,000 professionals. According to a government statement, the SEZ will come up at 50-acre Huda land in Jawahar Nagar at Shameerpet. The 10-lakh sft space that would be created in the new campus would be for Genpact’s captive use.
The government and Genpact on Friday entered into an agreement for setting up of the campus. “Over the past few years, Genpact contributed significantly to the IT development in the state and we are happy to extend this association further. We hope that Genpact will act as a catalyst for other IT companies to invest in the state,” IT minister R Damodar Reddy said in a statement.
Genpact provides business services and technology solutions for various global majors including General Electric Inc. Genpact also offers finance and transaction processing services for companies around the world in dfferent industry segments including banking, financial services, insurance, manufacturing and transportation. The comapny has an annual turnover of about Rs 2,700 crore with an employee base of over 30,000. The company’s operations in the state contribute over Rs 679 crore for 2006.
In Hyderabad, Genpact has a 26-acre campus at Uppal with a constructed area of 5 lakhs sq ft and employs over 8,000 professionals. Genpact has so far invested Rs 276 crore in creating these facilities.
http://www.exclventures.com/newslink-126.asp
The government and Genpact on Friday entered into an agreement for setting up of the campus. “Over the past few years, Genpact contributed significantly to the IT development in the state and we are happy to extend this association further. We hope that Genpact will act as a catalyst for other IT companies to invest in the state,” IT minister R Damodar Reddy said in a statement.
Genpact provides business services and technology solutions for various global majors including General Electric Inc. Genpact also offers finance and transaction processing services for companies around the world in dfferent industry segments including banking, financial services, insurance, manufacturing and transportation. The comapny has an annual turnover of about Rs 2,700 crore with an employee base of over 30,000. The company’s operations in the state contribute over Rs 679 crore for 2006.
In Hyderabad, Genpact has a 26-acre campus at Uppal with a constructed area of 5 lakhs sq ft and employs over 8,000 professionals. Genpact has so far invested Rs 276 crore in creating these facilities.
http://www.exclventures.com/newslink-126.asp
No comments:
Post a Comment