This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Aegis Launches Delivery Centre In Sivaganga

SIVAGANGA and MUMBAI, India, April 27, 2013 /PRNewswire/ --

  • To set up a 250-seat facility
  • About 500 direct and 2,000 indirect jobs to be generated
  • This is Aegis' 21 st centre in India and 57th centre globally

Aegis Limited, a global outsourcing and technology services company and part of the $27 billion conglomerate Essar, today laid the foundation stone and ground breaking ceremony for its new center in Sivaganga in Tamil Nadu. The foundation stone was laid by the honorable Union Finance Minister - Shri. P. Chidambaram, in the presence of other district officials.

     (Logo: http://photos.prnewswire.com/prnh/20120710/NY37889LOGO )

"I am very happy to welcome Aegis to Sivaganga, which has a large educated population and good infrastructure. I am pleased that Aegis has taken the lead in coming to smaller towns and such initiatives will not only provide jobs to locals but also invigorate the economy. I offer them all the support and wish them all the best for this center," Shri P. Chidambaram, Union Finance Minister, who is also the elected Member of Parliament of Sivaganga, said.

This is Aegis' 21st delivery center in India and 57th center globally. The Sivaganga center will serve local, regional and well as national clients.

"Aegis has always been a front runner in exploring the benefits of having delivery centers in tier 2 and tier 3 locations of our country. These centers offer tangible and intangible benefits around the availability of skilled resources, local infrastructure and cultural affinity-delivering our motto of citizens-serving-citizens. Our newest center in Sivaganga will reinforce this strategy of not only providing opportunity for local talent but also provide our clients the flexibility to choose from a diversity of locations, skills, costs and capabilities," said Sandip Sen, Global CEO, Aegis Limited.

Aegis Sivaganga is spread across one acre of land will have modern and world-class facilities such as air conditioned work environment with cafeteria, recreation, and training center. The center will have an initial capacity of 250 seats, which translates into 500 direct white collared jobs and is expected to additionally generate three to four times indirect employment. This expansion marks the 2 nd center in Tamil Nadu after Chennai and 21 st location in India.

"We are thankful to the honorable minister and local administration for the support we have received for setting up the center. Sivaganga's business friendly environment, local infrastructure and talent pool make it an ideal location for our business operations. In collaboration with Aegis Chennai, this delivery location would work along in a Hub and Spoke model to support Aegis' continued expansion in Southern India," Sudhir Agarwal, Director, Essar Services India Limited, said.

Aegis is planning to set up many such customer contact centers in tier 2 / 3 towns and therefore is in conversation with several state government and local bodies. The company has significant expertise in launching and scaling-up operations in locations such Hazira, Srinagar, Lucknow, Jamshedpur, Chhindwada, Vijaywada and Bhopal.

As part of its Aegis Elite initiative, Aegis launched its delivery centre in Chhindwada, Madhya Pradesh, and has scaled up operations to over 100 people in less than one year. Similarly in Srinagar, it has scaled up to 500 people. Jamshedpur center, which was launched in 2008, today is about 3,000 people strong. These centers are expected to stem migration and also encourage reverse migration, as talented local people who may have moved to other cities for jobs, will now have an opportunity to fulfill their career aspiration in their own hometown.

About Aegis

Aegis is a global outsourcing and technology company committed to impacting clients' business outcomes by focusing on enhancing customer experience across all touch points and channels. Aegis was founded 30 years ago in the US and now has operations in 56 locations across 13 countries with more than 55,000 employees. Aegis services over 300 clients from verticals such as Banking and Financial Services, Insurance, Technology, Telecom, Healthcare, Travel & Hospitality, Consumer Goods, Retail, and Energy & Utilities. The company is wholly owned by Essar, a USD 27 billion conglomerate.  For more information write to us at info@aegisglobal.com or visit http://www.aegisglobal.com

About Essar

Essar is a multinational conglomerate and a leading player in the sectors of Steel, Energy, Infrastructure and Services. With operations in more than 25 countries across five continents, the Group employs 75,000 people, with revenues of $27 billion.

Media Contacts Essar media contacts Manish Kedia, Senior VP Corporate Affairs Essar Group Phone: +91-98197-30092 Email: manish.kedia@essar.com Aegis Global Danveer Bhasin, Associate Vice President, Marketing Aegis Limited Phone: +91-99301-35788 Email: Danveer.Bhasin@aegisglobal.com

SOURCE Aegis Limited

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,461.32 -153.49 -0.92%
S&P 500 1,927.11 -14.17 -0.73%
NASDAQ 4,382.8470 -36.6310 -0.83%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs