Top companies that are hiring in India

TNN & ET Bureau

The pick-up in the economy has kicked off hiring plans in India Inc, with companies across the manufacturing and services sectors looking at new recruitments as they go into expansion mode.

They are not just expecting more business from the domestic market, but anticipate a boom in overseas business too, thanks to cash-crunched foreign companies looking at cost rationalisation.

Cisco has drawn up huge recruitment plans as it shifts some of its activities from abroad to India.

The company plans to boost its manpower in India to 15,000 over the next two years, adding 12,000 new workers.

Cognizant has added a net 8,135 people since December last year. Cognizant CFO Gordon Coburn said the company will continue to hire aggressively.

Accenture said it will add around 8,000 new people in India by the end of next year, taking its total employee strength to 50,000.

Accenture's focus in India is going to be in the analytics space, company chairman and CEO William D Green said at the India Economic Summit where the overall mood was buoyant. Hirings in the IT space have in fact been continuing over the last few months.

Tata Consultancy Services (TCS)has already hired 7,800 people. TCS had made some 24,000 offers in 2008-09, according to its Q2 analyst call.

IT major Wipro has also been hiring and after recruiting 1,000 people in the first six months of the fiscal, plans to add another 2,000 in the second half.

The company is also planning to extend salary increments across the board in Q4, which is significant considering it had not even budgeted for a hike at the beginning of the year.

Infosys BPO said it would hire 1,500-2,000 people by the end of this fiscal. The company is also reportedly planning to set up a new delivery centre in the US before end of 2009-10.

Infosys, in its Q2 earnings call, indicated that it would add 20,000 people instead of 18,000 indicated earlier. The additional 2,000 would be partly in BPO while the rest would make up laterals at Infosys Technologies.

iGate said it plans to add about 1,500 new recruitments in 2010. CEO Phaneesh Murthy said he expected IT budgets to be up 2-4% next year.

Hyundai has added a new manufacturing line to meet increased demand, has hired as many as 1200 workers between July and September this year and plans to further boost its strength as it looks to attract NRIs and expatriates to join its Indian workforce.

Nissan has said it would be more than doubling its manpower in India as it hopes that rising economic activity and disposable incomes will boost demand.

The company, which is setting up a new plant near Chennai, has plans to boost its manpower from 700 to 1500 by May.

Maruti, which plans to boost annual production to one million units, has plans to add around 400 new people including a mix of engineers, technicians, MBAs and CAs.