HTC Global Services plans to recruit up to 3,000 people in India; sets revenue target at $1 bn by 2020

HTC Global Services is eyeing to increase its share of automation-led services to rev up its growth.

FP Staff January 08, 2019 13:27:36 IST
HTC Global Services plans to recruit up to 3,000 people in India; sets revenue target at $1 bn by 2020
  • HTC Global Services is expected to recruit up to 3,000 people in India in the coming two years.

  • The Troy-headquartered IT and ITeS firm is eyeing to increase its share of automation-led services to rev up its growth.

  • In September 2017, it had acquired Ciber Inc, a US-based global IT consulting services and outsourcing company.

IT services company HTC Global Services is expected to recruit up to 3,000 people in India in the coming two years as part of taking its revenue target to $1 billion by the end of 2020.

Headquartered in Troy, Michigan, HTC is eyeing to increase its share of automation-led services to rev up its growth, said a report in The Economic Times.

"We are finalising hiring and it will not be less than 2,000-3,000 people by 2020 for India," Chary Mudumby, chief technology officer, HTC Global Services, was quoted as saying by ET.

HTC Global Services plans to recruit up to 3000 people in India sets revenue target at 1 bn by 2020

Representational image. Reuters.

In September 2018, HTC Global Services India and Automation Anywhere, a developer of robotic process automation software based in California, inked a pact to further boost HTC’s RPA (robotic process automation) services, by building BOT-based industry-specific solutions with cognitive abilities, said a report in the Deccan Chronicle.

In September 2017, the IT and ITeS firm had acquired Ciber Inc, a US-based global information technology consulting services and outsourcing company, for about $93 million.

According to a statement issued by HTC Global, the acquisition of Ciber would add over 3,500 employees to its operations globally.

HTC Global has delivery centres across multiple time zones in North America, India and Malaysia. The firms operation in India is spread across Chennai and Hyderabad.

In 2014, HTC Global acquired CareTech Solutions to expand its footprint in the healthcare industry.

Madhava Reddy, CEO, HTC Global, said the latest acquisition will boost the organisations ability to deliver exceptional customer service and gain deep expertise in cutting edge technologies.

"With the acquisition of CareTech and Ciber we are confident of achieving our vision of $ 1 billion (revenue) by 2020. We will be recruiting another 5,000 employees by the year 2020," Reddy said. The combined strength of both the companies will help HTC Global to offer customers a comprehensive set of services and fulfil an integral part of material growth across a range of industry sectors, the statement said.

This buyout will also help HTC Global in expanding its footprint in other parts of the US. The addition of Cibers workforce will propel the company?s growth into the marketplace, it added.

With inputs from PTI

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

Hiring to remain steady in Q2: survey
Fwire

Hiring to remain steady in Q2: survey

Region wise, employers in all four regions predict a strong employment market in the second quarter of fiscal year 2013.

Employment: Automation, chatbots, social media to sharpen hiring process in 2018
Business

Employment: Automation, chatbots, social media to sharpen hiring process in 2018

It will no longer be candidates wooing the recruiters but the very opposite - recruiters must vie for optimal quality in talent