ACS to invest $15 mn in Noida facility over 12-18 mnths

ACS to invest $15 mn in Noida facility over 12-18 mnths
PTI
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First Published: Tue, Dec 09 2008. 05 06 PM IST
Updated: Tue, Dec 09 2008. 05 06 PM IST
New Delhi: In line with its expansion plans, world’s largest business process outsourcing firm Affiliated Computer Services will invest up to $15 million in the next 12-18 months in its upcoming facility in Noida.
ACS, which recently announced its plans to recruit 1,000 people in the next 6-8 months in the country, is aiming to make its Noida facility a hub for providing Human Capital Management Solutions (HCMS) to its clients.
“ACS will invest about $10-15 million over the next 12-18 months in the Noida facility which would start operations from January 2009,” ACS executive MD Human Capital Management Solutions Rohail Khan said.
The economic crisis is sending companies scrambling to cut costs and manage their employee base, which is providing ACS opportunity to offer its services for managing the situation.
“Financial meltdown has actually provided us with opportunities to offer our human capital management solutions, BPO services among others to the troubled companies which are looking to contain their costs,” Khan said.
ACS India is in the process of setting up a new facility in Noida, while it already has offices in Bangalore, Kochi and Chennai and the total employee strength of the company is around 5,000 in the country. Bangalore operation has a capacity of about 2,800 people and around 1,800 people are stationed in Kochi.
The company had said recently that it would ramp up its headcount by 1,000 employees in India in next 6-8 months, out of which about 500 would be employed at Noida facility.
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First Published: Tue, Dec 09 2008. 05 06 PM IST