US-based LPO co to set up new unit in India; hire 1,450 people
US-based CPA Global, a Legal process outsourcing (LPO) firm, will set up its third centre in India and hire 1,450 people over the next two years.
"Like in the case of BPOs, there is a good level of expertise and costs advantage in India, which offers a good proposition to us...We are looking at setting up our third centre in India and also increase the headcount," CPA Global Country Head (India) Bhaskar Bhagchi told PTI.
The third centre will be set up over the next three quarters and the shortlisted cities are Pune, Bangalore and Hyderabad, he added.
Bhagchi said that the company will hire 1,450 people in the next two years, taking the total headcount to nearly 2,000.
At present, it employs 550 people at its Noida and Gurgaon centres.
The company, which includes Microsoft in its client list, works in the area of document review, intellectual property (patent) management as well as contract management.
"According to industry tracking firm ValueNotes, the Indian LPO industry has grown from $146 million in 2006 to USD 225 million in 2007-08, and is expected to be worth $640 million by end 2010," Bagchi said.