Online edition of India's National Newspaper
Thursday, Aug 21, 2003

About Us
Contact Us
Business
News: Front Page | National | Southern States | Other States | International | Opinion | Business | Sport | Miscellaneous |
Advts: Classifieds | Employment | Obituary |

Business Printer Friendly Page   Send this Article to a Friend

Godrej to invest Rs. 40 cr. in BPO

NEW DELHI AUG. 20 . Godrej would invest more than Rs. 40 crores in the next 12 months in business process outsourcing (BPO), a top company official said. Amid signs of strong economic growth, Godrej would increase its topline by 10-15 per cent to Rs. 4,500 crores this fiscal, the Godrej group Chairman, Adi Godrej, told PTI here.

``We have earmarked more than Rs 40 crores for investment in our recent foray into the BPO business,'' he said.

The consumer products behemoth has entered the BPO arena quite recently and has already invested about Rs. 20 crores in the venture. ``We identified the booming BPO business as a major growth areas,'' Mr. Godrej said. Listing out the areas under its BPO business, he said the company was catering to the tour and travel industry, medical transcription and accounting firms.

The fast moving consumer goods industry would ``definitely'' turn around this year. The growth in the sector would be pretty visible from the third quarter of this fiscal, Mr. Godrej said. — PTI

Printer friendly page  
Send this article to Friends by E-Mail

Business

News: Front Page | National | Southern States | Other States | International | Opinion | Business | Sport | Miscellaneous |
Advts: Classifieds | Employment | Obituary |


News Update

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |

Copyright © 2003, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu