MUMBAI May 4 Infosys played down
concerns about cost pressures from a plan to hire 10,000 U.S.
workers and boost its on-the-ground U.S. presence, saying it
will enable faster deployment of staff in newer, more profitable
projects in areas like big data and cloud.
The India-based IT services firm this week said it plans the
hirings over the next two years and that it will open four U.S.
technology centers. The move comes as Indian outsourcing firms
have become political targets in the United States and have been
accused of displacing U.S. workers' jobs by flying in foreigners
on temporary visas to service U.S. clients.
While some analysts have said the plans will raise Infosys's
cost burden and impact its margins, deputy chief operating
officer Ravi Kumar said it would make India's second-biggest
software services company nimbler.
"Training in the U.S. is obviously going to be more
expensive than training in India, but as we ramp up
significantly in the next few months this model is much more
agile," said Kumar in a telephone interview from New York late
"It (hiring locally) gives us agility, it gives us speed and
it gives us local cultural alignment," said Kumar.
He did not say how much Infosys will be spending on the
(Reporting by Sankalp Phartiyal and Euan Rocha; Editing by