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HSBC PLANS TO ADD 2000 PEOPLE IN INDIA FOR BACK-OFFICE WORK.

AsiaPulse News

| November 01, 2002 | COPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

BANGALORE, Nov 1 Asia Pulse - HSBC plans to double its staff strength in India for back-office operations from the current 2000 to 4000 in two years, a senior company executive said.

Malcolm Wagget, Chief Operating Officer of HSBC's Electronic Data Services in India, said by 2004, HSBC plans to increase its headcount in Asia-Pacific by 6000 to reach 10,000, including 2000 additions in India, for such operations.

In India, HSBC has three processing centres, two in Hyderabad and one in Bangalore, he noted, while talking to reporters after addressing a BPO (Business Process Outsourcing) and IT ...

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Source: HighBeam Research, HSBC PLANS TO ADD 2000 PEOPLE IN INDIA FOR BACK-OFFICE WORK.