Indian outsourcing company Mahindra Satyam on Tuesday said that it is planning to treble its workforce in China to 1,500 people by 2015 as part of efforts to better serve its global clients which have operations in the country.
Satyam and majority shareholder Tech Mahindra Ltd. together have software facilities in Shanghai and Nanjing, the Indian software company said.
“China will be a critical pillar of our regional and global strategy. The region will increase its revenue contribution from 24 per cent currently in view of the size of Chinese economy and specific opportunities which we have identified,” Rohit Gandhi, Senior Vice President, Asia-Pacific, India, Middle East and Africa, Mahindra Satyam who is attending World Economic Forum in Tianjin said today.
The company said China’s telecom sector has yet to experience the transformation which unifies fixed-line, mobile and data services into a seamless offering.
Mahindra Satyam and Tech Mahindra have helped global and regional telecom giants such as British Telecom achieve this transformation in front-end customer interface and back-end integration and billing, and are keen to help Chinese telecom companies in this aspect, the company said.
Hyderabad-based Satyam said it will focus on clients in the engineering, manufacturing and telecommunications industries in China. It will also explore strategic partnerships with Chinese companies to boost growth in the local market as well as to support clients in Japan.
India’s outsourcing companies traditionally earn most of their revenue from the U.S. and Europe. However, the recent economic turmoil in these two markets have led to many outsourcers looking to other markets such as China and Japan.
Top outsourcing companies Tata Consultancy Services Ltd. and Infosys Ltd. have already expanded their presence in China to serve global clients as well as to tap into the local market.