Infosys plans to hire more staff for its BPO

Hyderabad,Nov 10: Against the backdrop of signing an agreement with the Rosaiah Administration to set up Bpo centres in all the districts in the State, Infosys Bpo, the business processing outsourcing subsidiary of software major Infosys Technologies,is looking at fresh acquisitions in the range of $ 80-200 million and hiring more people.Mr Amitabh Chaudhry,Chief Executive Officer (CEO), Infosys Bpo has said that,"We plan to hire 2000 persons in the next four to five months or by the end of this fiscal. Currently,we have a staff strength of 16,000 in different parts of India.Recently,the 300-million Infosys subsidiary signed an agreement with the Andhra Pradesh Government to set up rural Bpo centres in 22 districts in the State.

Infosys Bpo gets significant part of its business from North America and Europe.To bag more clients, it is said to be looking at aligning with Finacle, the banking solution business of its parent.The unit is also planning to set up a new delivery centre in the U.S. before the end of this financial year. The back-office services wing of Infosys has eight delivery centres across the globe, including in Mexico, but it did not have a centre in the U.S. so far.Infosys Bpo registered revenues of $ 71.3 million with a net profit of $ 16.3 million for the September quarter.Besides, Infosys is also said it is eyeing acquisitions worth $ 50 to $ 200 million in areas where the company has a small presence."The acquisitions will be funded through cash in areas we have a small presence," said Mr Chaudhry. Some of the areas where acquisitions can be done are: manufacturing, insurance, media and entertainment space mainly in the U.S. and the Europe..