HP is No. 1 in India
Thursday, December 4 2003
Beating more well-known contenders like IBM, Intel and
Microsoft, Hewlett-Packard has recently become India's largest
multinational IT employer, at over 10,000 employees.
Measuring the size of multinational corporations (MNCs) in
India is difficult as most do not disclose country-specific
revenue figures, so headcount provides one reliable standard,
reported the Economic Times, an Indian daily.
HP is in the process of acquiring the public stake of Indian
software services exporter, Digital GlobalSoft (DGS), turning its
current 51 percent stake into total acquistion. Including the DGS
employees, IBM's headcount goes over 10,000 staff.
DGS had a headcount of 4,400 by end-September this year, with
another 2,600 HP employees in software operations and 3,000 in
HP's Global e-Business, the back office division. With another 800
from sales and support teams, HP's total rises to around 10,800
staff, reported the daily.
This puts HP far ahead of its main rival, IBM, which has an
Indian headcount of 6,000. However, IBM is growing quickly in
India, and a rise to 8,000-plus is expected.
Big Blue also has a relatively weaker presence in India
compared to HP. Of the estimated 320,000 global employees, 6,000
is just under 2 percent, while HP has a smaller overall headcount
of around 140,000 which makes its India operations account for
well over 7 percent in headcount.
Other large foreign companies in India are also expanding.
Accenture, the IT consulting and services corporation, wants to
rise from its current 3,000 to rival HP with over 10,000 employees
within the next two years.
While Microsoft officially says it only has 700 staff in India
now, human resource recruiters in Bangalore told the Economic
Times that Microsoft was aggressively recruiting for back office
operations, and that they expected it to hire 3,000 people by the
end of 2004. Cisco has 3,000 now and Oracle will expand to 4,000
by the end of this year, and Intel plans to hit 3,000 in India in
However, beating HP and the rest of the MNCs in India for IT
employment by a broad margin is U.S.-based General Electric (GE).
The conglomerate has 22,000 employees in India, most of them
working for GE's business process outsourcing and call center
With Indian outsourcing a hot topic in the U.S. and other
source markets, the Economic Times said none of the IT MNC
executives it contacted were willing to comment on their hiring
plans. Outsourcing is seen as a threat to U.S. IT jobs.