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HindustanTimes Sat,19 Apr 2014

EXL Service to hire 5,500 professionals across India

Vivek Sinha, Hindustan Times  New Delhi, November 05, 2013
First Published: 00:03 IST(5/11/2013) | Last Updated: 00:05 IST(5/11/2013)

EXL Service Holdings, a business process management firm, will hire 5,500 people across India in 2014, of which a sizeable chunk will be specialists such as lawyers, doctors, chartered accountants and management graduates.

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"India has a vast pool of people with necessary technical skills and specialised qualifications. So it is only logical that a larger chunk of our global hiring will be here," said Rohit Kapoor, vice-chairman and CEO of EXL Service Holdings.

EXL's India hiring plans are a part of its global expansion strategy.

Listed on the US stock exchange Nasdaq, EXL employs almost 21,000 people across the world of which 16,000 are employed in India.

Kapoor dismissed reports that the outsourcing industry was witnessing a slowdown and asserted that the demand environment was good across the US and Europe - the two key markets for EXL.

"We expect to grow at 25% every year over the next five years," he said.

The company has also identified several firms in the US and UK for a possible buyout.

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