CES banks on foreign business for growth

Consulting Engineering Services India Pvt Ltd (CES) is aiming at increasing its turnover to Rs 1,000 crore within five years from the current level of Rs 100 crore, managing director S S Chakraborty said in Kolkata today.

The growth will be powered mainly by its overseas ventures with focus on transportation, power, urban development, biotech and business process outsourcing (BPO). "We want 70 per cent our revenue to come from overseas. At the same time the domestic business will also grow," he said.

Presently, overseas and Indian revenue are evenly distributed. The company is presently engaged in number of infrastructure projects in Bangladesh, Mauritius, Oman and Yemen. It also seeks to enter more countries to expand its business.

The company is consolidating its operation in the country. It may shift the headquarters to Kolkata even as the registered office remain in Delhi.

It is building a 10 storied facility at Salt Lake, Kolkata which will house its BPO operation among others. The new centre with an investment of Rs 30 crore will come up in two phases with the first coming up within eight months.

"We have to see how things develop here. Obviously, the cost of operation will be less here and there is good talent pool. Still, couple of issues are to be kept in mind. Good bandwidth is critical to our business. Also we have to see if there is any problem with manpower," he said.

The total headcount in two phases in Kolkata will be close to 3,000 with two third of them engaged in BPO. Chakraborty clarified: "Our focus is on engineering and medical field. The BPO job will be related to that. We are working in the front end of technology," he added.

CES will also reorganise its human resource with a big chunk could be relocated to this new centre for which foundation stone was laid today by the West Bengal information technology minister Manabendra Mukherjee in the presence of IT secretary G D Goutama.