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GOING
GLOBAL, INDIAN FIRMS CREATE JOBS IN THE US
By Arun Kumar, Washington, Nov 26 (IANS)
Indian
firms are not just taking up outsourcing any more, but have in fact
invested a whopping $6 billion in the United States and created
40,000 jobs with quite a few of them going to the Americans. A group
of 34 Indian companies represented in the India Business Forum (IBF),
launched in June 2006, structured at the initiative of the Confederation
of Indian Industry (CII), has made investments in such diverse sectors
as technology, pharmaceuticals, manufacturing and gems and jewellery.
The
Indian companies with 40,000 employees have invested about $6 billion
in the US this year alone through acquisitions and mergers. While
there are more Indian nationals in the service sector, the number
of local employees goes as high as 95 percent in the manufacturing
sector.
"Indian
companies are no longer just Indian. They are as much global as
any other," says Kiran Pasricha, the CII deputy director general
based in Washington. Besides the US, CII has set up similar forums
in Singapore and South Africa with one in the process of being launched
in China.
The
Tata Group alone has invested over $2 billion in the last couple
of years through acquisitions and mergers in the US with 16 of its
companies from hotels to manufacturing employing 16,000 people,
about 5,000 of them local.
"With
very few exceptions, our hires of local employees are on the basis
of their skill sets, not on their knowledge of India or international
experience," says David Good, chief representative of the group
for North America and the American chair of IBF.
"After
all, a coffee producer needs experts in coffee, not India specialists,"
quipped Good, a former American diplomat with a long association
with India from his last job there as consul general in Mumbai.
The
local American employees work in all Tata companies, but heavy concentrations
are in the hotels, manufacturing, telecommunications, engineering
and software and in beverages besides two call centres in Ohio and
Florida. The Tatas have hotels in New York, Boston and San Francisco,
produce Eight O'Clock Coffee, Tetley Tea and Good Earth Tea and
have Corus Steel production units in Ohio and Pennsylvania.
The
group provides engineering and software services through Tata Consultancy
Services (TCS) and INCAT/Tata Technologies with TCS earning 53 percent
of its $4.3 billion revenue from the US. And in telecommunications,
VSNL, a 74 percent Tata owned company, emerging as the largest voice
provider in the US offering competition to the likes of AT&T
and Verizon.
Tatas'
call centre business, SerWiz Solutions Limited, has 250 full-time
employees at its Milton, Florida, centre and 260 such employees
at Reno, Ohio. "Both centres are currently in a hiring mode,"
says Ricardo Layun, vice president, Customer Care Operations.
At
the moment, the two call centres support one of the world's leading
online travel companies, a large US airline carrier, and the American
region of a large Asian airline carrier, large domestic and international
airlines. They also seasonally support a leading telephone and online
retailer of flowers and gift sales.
The
Tatas have been expanding these call centres since acquiring them
in April 2006 as "we have found that the US communities in
which we operate provide a strong workforce, competitive economic
conditions, and positive growth potential," said Layun.
Both
call centres operate 24/7, but "We have not experienced an
issue with staffing after hours. We have found that offering these
night shifts provides employees opportunities to attend day-time
college courses or avoid day-care costs," he said.
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