IBM India is expanding its footprint beyond major cities to meet the wider needs of customers and tap into a large talent pool.
According to the company, the decision to expand into central India, Kochi and the outskirts of cities like Ahmedabad and Hyderabad has a cost advantage.
Thirukkumaran Nagarajan, Vice President and Head of Human Resources, IBM India/South Asia, reportedly said that having work locations outside major cities would allow the company to meet the growing demands of customers, while also providing flexibility to employees. Will be done.
Explaining the reason behind the expansion, he said, “These cities have incredible talent and skill sets…[and] It is also competitive and cost-competitive to an extent.”
Since its inception, IBM India has its regional headquarters in Bengaluru and now has offices in cities across India including Delhi, Mumbai, Chennai and Pune.
However, another advantage of relocating to smaller cities is the larger catchment area from which businesses can meet their diversity goals.
This news comes at a time when Tech Mahindra had also announced a similar move. It was stated that the company was expected to hire more than 10% of its new workforce from Tier-II cities and this should help the firm attract talent from locations such as Bhubaneswar, Chandigarh, Kolkata, Indore, Vijayawada and Coimbatore. has been
Although experts believe that such a shift will work for all industries. One of the experts told Mint that consumer and fast-growing consumer goods require not only office space and talent, but also access to supply chains. Additionally, he added that tech firms and start-ups, on the other hand, can take a more flexible approach to their work.
Mysore, Coimbatore and Visakhapatnam are now the three major cities where tech firms and start-ups are expanding their operations.
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