Success in my Habit

Saturday, January 19, 2013

Hitachi Consulting to expand India operations; open to more acquisitions

Hyderabad: Hitachi Consulting is on expansion drive in India and plans to more than double its headcount from 2000 to over 4500, including strengthening its physical infrastructure.

Part of the Japanese conglomerate Hitachi Limited, Hitachi Consulting recently acquired Celerant Consulting, which significantly adds to its presence in the US and Europe and new verticals such as energy and mining.

Philip R. Parr, Chief Executive Officer and President of Hitachi Consulting, told Business Line that the company plans to significantly expand its presence while also scouting for more acquisitions in the consulting and services related business.

"We have had a very successful acquisition-led growth in the past and the company management plans to sustain the growth by further strengthening the infrastructure in India at Hyderabad, but also looking at acquisitions," he said.

Hitachi Consulting has presence in India through three centres Hyderabad, Pune and Bangalore, with Hyderabad being its biggest.

The company has about 2000 employees in India and plans to take this number up to 4,500 by investing about $ 25 million in related infrastructure.

"By expanding our presence here, we will make India, Hitachi Consulting’s biggest development and support base with more than 50 per cent associates as we head towards $ 1 billion in revenue this fiscal," he added.

Sanjay Jesrani, Executive Vice President, Head of Global Development Centre, India and China, Hitachi Consulting, said the company is keen to expand its operations and partner with some of the Japanese companies setting up centres in India and expanding presence.

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