Fujitsu plans to triple software engineering workforce in India

Fujitsu plans to triple software engineering workforce in India
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First Published: Wed, Apr 04 2007. 12 31 AM IST
Updated: Wed, Apr 04 2007. 12 31 AM IST
Fujitsu Ltd, Japan’s second-biggest maker of personal computers, has said it plans to more than triple the number of software engineers in India to 10,000 in three years to reduce development costs. The company now has about 3,000 engineers in India, its spokeswoman Naomi Ogawa said, confirming the plan as reported by the Nikkei newspaper.
Fujitsu and rivals, including International Business Machines Corp. (IBM) and Accenture Ltd, are tapping the country’s engineers and programmers to lower software development and network management costs. Developing software in Japan is about three times more expensive than in India, Ogawa said.
The workforce increase will help raise sales from India to about ¥20 billion (Rs740 crore) in two years from “a few billion” now, she said, declining to give cost reduction targets.
Accenture, the world’s second-biggest consultant, in January said it will raise the number of employees in India by as much as 30% to 35,000 by 31 August. IBM, India’s biggest foreign employer with 43,000 people, in June said it will triple its investment in the nation to $6 billion in three years.
Fujitsu in January forecast its operating profit at the solutions business, which includes telecommunications equipment, software and consulting services, to gain 6.6% to ¥175 billion in the year ended 31 March, or 92%, of totalprofit.
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First Published: Wed, Apr 04 2007. 12 31 AM IST
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