DuPont to hire 1,750 in next 2-3 years in India
Science-based products and services firm, DuPont on Thursday said it will double its headcount in India to about 3,500 in the next 2-3 years to meet manpower requirements for achieving its target of clocking $1 billion revenue in the country by 2013.business Updated: Aug 19, 2010 21:14 IST
Science-based products and services firm, DuPont on Thursday said it will double its headcount in India to about 3,500 in the next 2-3 years to meet manpower requirements for achieving its target of clocking $1 billion revenue in the country by 2013.
The company, which has presence in a wide range of segments, including agriculture, food and nutrition, health care, electronics, transportation and infrastructure in India, also said it is looking at the country as a talent sourcing pool for its key global operations.
"Our stated goal is to achieve a turnover of $1 billion in the next three years and also to position India as a strategic location to drive global growth opportunities. To meet this, we will be doubling our head count here," DuPont India President Balvinder S Kalsi said.
Last year DuPont India had a sales of $500 million.
He said the company has a total employee strength of about 1,750 in India at present and "in the next 2-3 years it is likely to be doubled".
Commenting on the importance of the talent pool from India, DuPont Asia Pacific leader for Human Resources S T Tsay said: "We would look into sourcing of talent for key global positions from here."
At present DuPont has several employees from India who are currently leading global and regional businesses, posted at various locations, including Singapore, Shanghai and the US, Tsay said.
Elaborating on the areas for new hirings, Kalsi said: "These will be across the business areas, including sales and marketing, technical support, research and development and engineering."
On the R&D side DuPont India will double its strength from the current 300 to 600 within the next 2-3 years, he added.
Kalsi said while DuPont's main growth drivers continue to be its divisions, DuPont Titanium Technologies, DuPont Crop Protection and Pioneer Seeds, new segments will also start contributing significantly.
"Areas like agriculture, food, electronics, renewable energy, biofuels, infrastructure and automotive are future growth segments," he said.
Kalsi, however, did not comment on the investment front.