Zensar to hire around 650 people next fiscal

Mumbai: Pune-based software services exporter Zensar Technologies plans to hire up to 650 people, including 300 freshers, in the next fiscal and expect to achieve higher than the industry average growth, its Vice-Chairman and Chief Executive Ganesh Natarajan said today.

"It is difficult to give exact numbers...but this year I think we will hire 500-650," Natarajan told reporters on the sidelines of a CII-organised Knowledge Summit here. Of the planned hiring, at least 300 will be freshers, which the company has already committed, he said, adding,"the balance will be lateral."

Natarajan also said Zensar is expecting to clock growth better than the industry in the next fiscal, driven by the pent up demand.

Industry lobby National Association of Software and Services Companies (Nasscom) had last month forecast information technology IT exports to grow 12-14 per cent next fiscal, higher than the revised 10.9 per cent growth it predicted for the current fiscal on the back of economic recovery in the US and Europe.

According to Natarajan, the company is present in the four dominant geographies--America, Continental Europe, Africa and Australia, and these markets are fuelling growth.

To a question on the wage increase, he said Zensar expects to give a wage hike ranging between 5 and 18 per cent in the next fiscal.

PTI