ADP Private Limited, the Indian subsidiary of US-based Automatic Data Processing, Inc (ADP), inaugurated its second centre in Pune. |
The company also announced its plan to grow to a 1,000-people operations in the next two years. ADP currently has over 100 associates employed in Pune. |
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The Pune centre will work on R&D functions as well as provide business process outsourcing (BPO) services besides serving as the Business Continuity and Disaster Recovery (DRCP) centre for ADP India's Hyderabad operations. |
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ADP has 2,100 people in Hyderabad. "We have made $100 million investments in India since our inception here in 1999," said Gary Butler, president and chief executive officer, ADP. |
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The company has 460,000 employees globally of which 30,000 are based in the US. "We will be freezing our recruitment in the US and growing them internationally. A large part of that will come to India," said Butler while sharing that the $10 billion company was growing at 10-12 per cent annually in revenues and the headcount growth was at five per cent per annum. |
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With an annual commitment of seven per cent of its overall revenues dedicated to R&D, India accounts for 20-25 per cent of its global R&D workforce. "A large part of our global R&D spend would come to India," said Butler while stressing on the high quality of skills and abundant talent pool available here. |
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