Thursday, June 25, 2009

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Genpact eyes expansion in India

Business process outsourcing company Genpact Ltd expects its healthcare services business to grow at "a good pace," and is looking to expand the segment in the United States, India and the Europe, its chief executive said.

"This is one (segment) that can grow at very large double digits mainly because it is a relatively untapped market," Genpact Chief Executive Pramod Bhasin said in an interview. Genpact, which provides services in asset management, hospital administration, supply chain logistics and finance, gets about 7 per cent to 8 per cent of its revenue from healthcare outsourcing. The company, which draws majority of its revenue from banking, financial services and insurance, and manufacturing sectors, reported revenue of $1 billion in 2008.

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