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Home > Business > Business Headline > Report

Progeon plans to expand BPO services

Devidutta Tripathy in New Delhi | August 18, 2004 11:51 IST

As part of its expansion strategy, Progeon, the business process outsourcing subsidiary of Infosys, is planning to enter into more complex BPO activities apart from the plain vanilla outsourcing activities it is offering at present.

Progeon would hire about 1,000 people during the current financial year as part of its expansion strategy in India and Europe.

Outsourcing and India: Complete Coverage

"We will offer a complete outsourcing solution in an integrated manner, with an intense understanding of the business of our customer," Akshaya Bhargava managing director and chief executive officer, Progeon, told Business Standard.

The company would strike a balance between off-shore and on-shore workforce, he added.

"We plan to expand activities at our centres at Bangalore, Pune and east Europe. We may hire about 1,000 people, that will raise our strength to 3,500 by March 2005," Bhargava said.

The company targets about 100 per cent revenue growth in during the year, raising its revenue over $31 million, Bhargava said.

Bhargava said the Indian BPO sector had a long way to go. "Out of the $3.6 billion BPO industry in the country, captives and semi-captive BPOs account for $1.6 million each. Indian companies account for only $1 billion, out of which, 76 per cent market share is cornered by the top 20 companies," he said.

"Demand is enormous, we have not even started," Bhargava added.

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Number of User Comments: 7

Sub: Information Required

Dear Sir, If u Intend to Open a Call Center or any other Outsourcing Office in Hyderabad, do let me know the Details of including ...

Posted by Masood Khan

Sub: Franchisee for eastern India ( Kolkata, Durgapur)

Dear sir, I would like to know whether you are looking for any business partner, if yes plz send me the details and investment cost ...

Posted by Satyabrata

Sub: Franchise

Dear Mr. Bhargav, This is B Veda Santhosh from AUM Consultants, Hyderabad. We have a very good infrastructure and finances available and would like to ...

Posted by B Veda Santhosh

Sub: I would like to know more.

Interested in the project. I would be glad if you could send me more information about it. Regards.

Posted by Dhanalakshmi S

Sub: Franchise of BPO

Dear Sir,Iam Ashis Kumar,I would like to know weather u have any plan to open BPO branch in Orissa at Bhubaneswar,If that we r intereted ...

Posted by Ashis Sahu



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