The IT management software company, CA is strengthening its research and development (R&D) wing in India by hiring 1,000 people for the center in next 3-5 years as part of its recently announced $30 million investment in India, reports DNA.
CA currently has 1,600 people in its R&D team in India and over 100 for sales and marketing. "Indian R&D workforce is just little under third of our global research workforce. We are targeting India to constitute half of our global R&D force after some years," said Gavin Selkirk, Senior Vice President of regional sales - APAC and Japan.
CA has invested $60 million in India in total and has filed for more than 60 patents during the first 12 months of operation. Meanwhile, CA invested about $600 million globally on R&D last year. The Asia Pacific and Japan region, which includes India, currently contributes 11-12 percent to the company's global sales and that is expected to go to 15 percent in 3-5 years. In India, the company is bidding for many government projects of which some are expected to materialize in 2009.
Monday, April 20, 2009
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