ICICI OneSource to add 1000 employees

ICICI OneSource, one of India's largest third-party providers of business process outsourcing (BPO) services, has added a number of US and UK companies to its portfolio during the first half of 2003.

The company will also expand capacity by 40% by March 2004. The move will bring ICICI OneSource's total number of workstations to 3,000 and increase staff from around 4,100 now to over 5,000.

"There is good reason for our steep growth curve - we are committed to becoming the dominant third-party provider of offshore outsourcing services to top-tier clients in a number of key target sectors," said Raja Gopalakrishnan, regional director of North America.

"These are exciting times for ICICI OneSource. We are expanding on all fronts - from our recent acquisition of FirstRing (one of India's pioneering BPO companies) to new service offerings in new market segments. We're also exploring new geographies, both inside and outside of India, where we can take advantage of opportunities to establish additional service facilities," he added. (PTI)