Bangalore: With an increase in business, India’s third-largest IT services company Wipro is holding recruitment drives to hire experienced IT professionals (termed lateral hiring) across the country.
The company said in a statement on Tuesday that it plans to organise two-day walk-in interviews for experienced IT professionals in Bangalore, Chennai, Mumbai, Pune, Hyderabad, Noida and Kolkata, starting November 14.
The drive is a part of its regular hiring in line with business demands, the company said. Vice-President (Talent Acquisition) Pradeep Bahirwani said the company would hold recruitments simultaneously across the country to provide applicants a quick process to allow them to consider opportunities in other cities.
"We are looking to meet applicants across skill requirements in all business divisions with experience levels ranging from 2-14 years," he said.
He added the company had released recruitment advertisements to inform applicants of the drive.
"We encourage applicants to apply directly to us and not fall prey to fraudsters misusing company names and duping candidates," he added.
Wipro has also announced plans to hire BSc, BCM and BCA students graduating in 2010 for its Wipro Academy of Software Excellence.
Wipro eyes buys in BPO space
Meanhwile, India's third-largest IT services company Wipro Technologies is also eyeing acquisitions in the business process outsourcing (BPO) space as it expects the sector to drive the growth for the IT industry.
Acquisitions are part of our strategy. We keep looking at it. The BPO space is likely to be the next engine of growth for the IT industry. Also, the economy has improved and the IT demand situation is improving.
The deal pipeline is good and the demand environment is building up," said Suresh Vaswani, joint chief executive of the company's IT business, on the sidelines of the ongoing India Economic Summit here today.
Though the company is bullish about the current quarter, its says that outsourcing deals in the US are more transformational -- which completely replace existing technology platforms for clients.
About the pricing pressure faced by the company, he said customers are not looking for price discounts but are looking for substantial change in the cost structure. "We are doing more fixed-price projects which now form 40 per cent of the contracts we have. Fixed price models give both our customers and us a win-win situation," Vaswani added.
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