| Hinduja Global Solutions is on the verge of two | | | | and Japanese market, said Mr Partha De Sarkar, CEO, |
| acquisitions in the US & UK. The deals which are | | | | Hinduja Global. “We see a huge market in China |
| expected to be finalised by December, are pegged at | | | | and Japan. There aren’t too many outsourcing |
| around 60-70 million dollars each. Anand Vora, CFO of | | | | players there,” he said. |
| Hinduja Global Solutions said, “The size of the | | | | Hinduja Global is exploring various locations in coastal |
| US company is in the range of USD 70-80 million and | | | | China that has a proximity to Japan, to set up its |
| the one in the UK is USD 25-30 million. | | | | delivery centre. |
| Both these entities would be profitable entities. The US | | | | The centre would have 100 per cent local talent. |
| company has 2,500 to 3,000 employees, while the one | | | | “We already have a team on the ground looking |
| in UK has between 1,200-1,500 of staff. Vora also said | | | | at the feasibility of setting up operations,” Mr De |
| that the new acquisitions were expected to add | | | | Sarkar said. The company is exploring tie-ups or joint |
| around USD 100 million to the company's topline. | | | | ventures with local companies for the China operation. |
| Simultaneously, | | | | The company did not provide a timeline for the centre |
| Hinduja is also learnt to be in talks for a joint venture in | | | | in Latin America. The centre could be used to cater to |
| China. BPO firm <a rel="nofollow" | | | | customers in Spain and US. |
| onclick="javascript:pageTracker._trackPageview(' | | | | Stating that BPO is no longer an India story, Mr De |
| outgoing/article_exit_link');" href=” Global | | | | Sarkar said the company operated from 24 locations |
| Solutions Ltd</a> is looking to diversify into newer | | | | across five countries. International revenues account |
| markets such as China and Latin America. | | | | for 85 per cent of the company’s earnings, |
| As part of its three-year growth plan, the company | | | | while the remaining 15 per cent were from the |
| proposes to set up a 500-seat delivery centre in China | | | | domestic market. |
| by the end of this fiscal or early next to serve the local | | | | |