- Eyeing acquisitions, new hires to counteract looming slowdown in US , UK, says chief Serge Godin. CGI mainly delivers services to the India offices of global clients. It earns half of its revenue from managed IT services or outsourcing. The firm which has made 110 acquisitions in the past four decades, may look at acquisitions in India too.
Source | economictimes.indiatimes.com | Ayan Pramanik
BENGALURU: CGI plans to hire nearly 15,000 people in India over the next four to five years, the Canadian IT services provider’s founder said.
The software services company’s India offices, which currently employ nearly 15,000 people, play a strategic role in service delivery across key markets. The about $12 billion company follows a strategy of setting up bases close to client locations, either organically or through acquisitions, Serge Godin, founder and executive chairman of CGI told ET in an interview. India continues to be one of the largest facilities outside Montreal, he added.
CGI mainly delivers services to the India offices of global clients here. It earns half of its revenue from managed IT services or outsourcing. “So, we double the size of CGI every three to four years or five…And the big winner from that point of view in terms of market presence would be obviously India, because the country is really at the core of the solutions,” said Godin.