London: After 10 years of futile efforts to recruit qualified staff from Britain and the European Union, Concurrent Technologies, a British technology company has decided to set up a base in Bangalore.
An investment of 1.1 million pounds has been estimated for the new Bangalore facility, where the company will recruit highly skilled specialist electronic design engineers.
“This is not a case of going to India for lower cost people. The reason is to solve our recruitment problem. India produces hundreds of thousands of very high-quality engineers each year,” Glen Fawcett, managing director, Concurrent Technologies told local media in Essex.
In Colchester, Essex where we are based, we have been struggling to recruit for nearly a decade. We have trawled UK and western Europe for qualified people but with little success.
The company which designs, manufactures and sells sophisticated computer equipment has three offices in the United States and one in Beijing. Telecommunications, military and aerospace markets are the main users of their products.