Altran India to expand team

Altran India to expand team

Altran India, part of $2 billion French technology and innovation consulting company Altran Technologies , on Tuesday emphasised its game plan to expand in India by hiring around 700 people this year and start an Altran Global Delivery Centre  soon in Bengaluru as part of the Groups Ignition 2020 agenda.

In an interaction with Deccan Herald, Altran Technology India CEO and MD Sanjay Kumar said the company is looking at an exponential headcount growth as the business opportunities in the engineering research and development(Engineering R&D) is growing rapidly across  the globe with Asia clicking nearly 15 per cent CAGR.

“Given our presence in more than 20 countries and our leadership in driving innovative  we are uniquely positioned to lead the upcoming change in the Engineering R&D space. Our growth in India is premised on a mix of both inorganic and organic bits driven primarily around the need to create added value for our customers,” he said.

Kumar said the Engineering R&D is going to grow at about 16 per cent CAGR  and there will be consolidation of kept players in the future even as the market expands from the current $120 billion to about  $220 billion by 2020.

The Altran India CEO said the company made four acquisitions in India  last year  and continues  looking for at least two more targets for India this year as part of its inorganic growth strategy.

World Class Centres
Kumar said the company plans to start 14 World Class Centres globally  as part of  ‘Altran 2020 Ignition’ vision of the engineering R&D sector. These centres will cater to certain core technology domains and give value from that to all Altran customers through out the globe.

“We have started one in Italy. In India we want to consolidate our position by reaching the employee strength of close to 4,000 by the end of 2017 and then we will look for a World Class Centre  here,” he said.

In India Altran is involved in cutting edge nuclear engineering and has global leadership in spent fuel simulation. “So I think a centre could emerge in that space specially on the back of domestic demand for Nuclear energy in India,” said Kumar.

He said the company is looking at India as a market since  manufacturing is gaining momentum with the government’s ‘Make in India’ and Defence Offset policy now becoming clearer . “Besides Nuclear energy sector, India will have opportunities  for Altran in the area of automotive and medical device es sectors also,” he said.

Besides office in Bengaluru, the company has offices in Noida, Hyderabad and Coimbatore, having recently doubled its Coimbatore centre.

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