CHENNAI
JULY 13, 2004
Sundaram Business Services, the BPO division of Sundaram Finance, said on Tuesday it has clinched a Rs 10 crore outsourcing deal from Total Super Pty Ltd, a superannuation specialist firm in Australia.
As part of its expansion plans, the company would also set up marketing offices in Singapore and UK, besides increasing its headcount by hiring 200 people this year, P.S.Raghavan, executive director, Sundaram Business Services (SBS), told reporters here.
He said the deal with Brisbane-based Total Super was for a period of three years and it involves handling the administration and accounting services for superannuation funds. "The entire delivery will take place offshore out of SBS's Chennai facility," Raghavan said.
SBS, which was formed in mid-2001 to process the high volume back office work for Sundaram Finance Group, was looking at more external business after having established a strong foothold in its BPO services, Sundaram Finance Ltd managing director T.T.Srinivasaraghavan said.
He said the company employs 350 people in its BPO business facilities in Chennai and Delhi. "We have plans to hire over 200 people in Chennai in the next 12 months to support the expanded needs of existing clients as well as new clients that are in the pipeline," he said. |
