CA to increase headcount, add 1,000 people in 3 yrs

Unperturbed by the current financial crisis, Nasdaq-listed IT management software company CA today said the company is bullish on India and will add 1,000 people in next three years to strengthen its research and development team.

"Our hiring plans are not affected... We will add another 1,000 people in our research and development team in India in the next three years," CA India Technology Centre senior VP and MD Lokesh Jindal said on the sidelines of the World Economic Forum here.

The company currently has 1,600 people in its research and development team in India and has already made campus placement offers to 80 freshers. "Every year we recruit 80-100 fresh graduates and this year also we are in line to achieve that," he added.

CA also has plans to increase the headcount of its sales and marketing team which has a base 100 people now.

However, he declined to share the details.

Besides, the company is also planning to expand operations in newer verticals like retail, energy and pharmaceuticals.

"We are looking at new verticals such as retail, energy, pharmaceuticals and healthcare in India," Jindal said.

Analyst feels that with the banking and financial sector coming under pressure due to the financial meltdown companies are now looking at newer verticals to derisk their business.

Currently, the US-based company services banking, financial services and insurance (BFSI), telecom and government sectors.

The company said it is planning to provide regulatory-compliant and supply chain management solutions to the pharma and healthcare companies

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

FC NEWSLETTER

Stay informed on our latest news!

EDITORIAL OF THE DAY

  • Retail investors need to be drawn to bond trading

    A country requires both a healthy capital market and a liquid debt market for vibrant economic growth. India has had the first for a long time.

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schöttli

Japan’s living national treasures

While the world is fascinated by the economic “miracles” in ...

Robert Clements

Cherish good times and accept bad ones

Initially, I was angry and confused, I was even repentant…,” ...

Bubbles Sabharwal

Mothers just see things differently; they can’t help it

Before we begin on mothers, I have to share this ...