The Hindu : Business : Amtex to foray into BPO

Online edition of India's National Newspaper
Saturday, Jan 27, 2007
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Business

Business

Amtex to foray into BPO

Staff Correspondent

CHENNAI: Amtex Systems Inc., an IT consulting and services company, has decided to enter the business process outsourcing (BPO) space. As part of this new strategy, the company has set up a 300-seat facility in Chennai and proposes to invest Rs. 22 crore in this business.

Addressing a press conference here on Wednesday, Sunny Pokala, President and Chief Executive Officer of the company, said the BPO arm would be a division of Amtex Infotech Pvt. Ltd., the flagship company of Amtex Systems Inc., in India for all its IT-related forays.

Mr. Pokala said the new BPO arm would focus on customers in healthcare, telecom, market research and technical support verticals. It was already providing support to ten global customers. It planned to increase its headcount from 250 to 1,000 by 2008. He expected the BPO arm to contribute Rs. 65 crore in revenue this year. Of this, nearly 50 per cent would come from the telecom vertical, 25 per cent from banking financial services and insurance and the balance from the healthcare vertical, he said.

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