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CSC bets big on Hyderabad
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| Arun Maheshwari |
CSC India, the Indian arm of the $15 billion Computer Sciences Corporation
(CSC) is setting up a major development centre in Hyderabad with an estimated
investment of $10 million. The company, which has been operating out of rented
premises in Hyderabad, will commence full-fledged operations in July at a 120,000
sq ft facility at C L Raheja’s Mindspace. “We are expanding and
the Hyderabad centre will be our next big centre after Noida,” said Arun
Maheshwari, president, managing director and chief executive officer of CSC
India.
The company has grown by 75 per cent annually for the last few years in India
and hopes to do the same in the current fiscal. Maheshwari said that the company
has already started recruiting people for the Hyderabad centre. “We will
be hiring 1000 professionals in the next 12 months and it may go up to 3,000
seats in the next two years,” he added.
“The company will also have another centre in Hyderabad and will invest
a similar amount in 2006. It will spruce up its Noida centre,” he said.
The investments will be met through profits from Indian operations. The Indian
operations have grossed $50 million in turnover, he added.
The Hyderabad centre will be involved in designing and development of applications
management (transformation solutions) and global infrastructure support services.
Two new senior members have been appointed to head the two divisions, he said.
While the applications management division will focus on banking, financial
services and insurance (BFSI) verticals, the infrastructure support service
division will take care of storage management, enterprise management, network
management, database management, Unix server support and project management,
he said.
Maheshwari also disclosed that the parent company is negotiating
with a European-based insurance major for a seven-year major deal. “The
deal is expected to be finalised soon and the Indian operations will get 600
jobs in the first year, which will be shared by both Hyderabad and Noida centres,”
he added.
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