 SGT India Pvt Ltd, a leading Knowledge Process Innovation and
Management (KPIM) services provider, announced in Chennai its plans
to expand its operations in India.As a part of the expansion drive, SGT plans to set up its fourth
centre in the country at Bangalore by the end of the current year,
which caters to the increasing requirements from its overseas
clients.
The company plans to recruit over 500 professionals in the current
fiscal year to meet its client requirements and currently employs 500
people worldwide.
Kumar Bashyam, founder and CEO, SGT
India Pvt Ltd, said, "We have already invested over $ 4 million in
India and are planning to invest another $ 8 million in scaling up
our Indian operations. We registered an impressive growth of over 250
per cent during the last fiscal year. With the 100,000 sq ft capacity
addition from our forthcoming centres at Chennai and Bangalore, we
are confident of maintaining a strong growth pace in the coming
years."
SGT recently entered into an
agreement to provide engineering services to Mines & Metals
Engineering (MME) GmbH, a leading German engineering company. As part
of the agreement, SGT will provide detailed engineering services for
MME's proprietary process technology for direct reduction of iron ore
plants.
Louis Hendriks, executive partner -
Europe, SGT India, said, "Our Engineering Process Services contribute
most to our growth in revenues. This segment makes us a niche player
in the process services industry. Selection by MME as their India-Ieveraged
engineering design partner for complex steel projects is a defining
moment in the history of SGT's Engineering Process Services. Being a
Germany-based company, MME will accelerate the growth of our business
in Europe."
"SGT has been a pioneer in
Engineering Process Services, identifying the "big crew change"
facing the global oil and gas industry, SGT has taken the lead in
addressing the large market opportunity. Winning the deal with MME in
Germany is a defining example of our thought leadership and in
parallel catapults our launch in Europe," Bashyam added.
Commenting on the Business Process
Services vertical, Hendriks said, "SGT delivers a comprehensive
portfolio of Business Process Services that address the needs of SMEs,
which are poised for global expansion. The services include,
high-volume transaction processing as well as higher-value supply
chain process services, including low-cost country sourcing. At the
heart of the supply chains of tomorrow lies the need to become 'chaos
tolerant'. This requires companies to invest in collabrative
processes, business intelligence, and clean data. All three of which
are core within SGT's Business Process Services."
Bashyam said, "Within the IT
services, SGT focuses on delivering global excellence - speed, cost
and quality advantages, reliably to the SMEs software companies. SGT,
through its proven world-class product development, ene-to-end
expertise, addresses, the varying complex challenges of the diverse
set of SME software companies, enabling them to achieve sustainable
business model that defines the core of these companies."
Dr Usha Dasari, director - Marketing
and Corporate Communications, SGT India, said, "Our expansion in
Indian operations is very crucial to meet the demand of our clients
globally. Being a niche player in offering strategic services such as
engineering process services, it becomes imperative for us to have
the best talent in the industry working with us. SGT offers an
excellent and challenging work environment in the industry. At
present, all our branding and marketing initiatives are focused to
attract the best resources in the industry."
Headquartered in Chennai, India, SGT
has nine offices in the US, Europe and Asia with over 500 employees
worldwide. In India, the company has offices in Chennai and
Bangalore.
R Rangaraj
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