The state government on Monday signed a memorandum of understanding with the MindTree Consulting Private Limited for setting up a development centre in Bhubaneswar. The company has been allotted approximately 30 acres of land in electronic complex Infocity and will be starting construction of the centre within the next financial year.
The centre is likely to come up within a period of 12-18 months. According to the MoU, MindTree will employ at least 1,000 software professionals within a period of two years of their operation and has long-term plans of employing about 5,000 people at Bhubaneswar over next five years. As the first step, MindTree has started recruiting from Orissa and recently recruited a few MBA graduates from Xavier Institute of Management, Bhubaneswar. MindTree is billed to be the biggest IT recruiter in the state. The largest of them at present, Infosys, proposes to take its head count to 4,500 by 2008. The MoU was singed by Mr Subroto Bagchi, chief operating officer of MindTree, and Mr S.N. Tripathy, secretary IT department, Orissa government, in the presence of chief minister Navin Patnaik, IT minister S.N. Patra and chief secretary Subas Pani. Mr Bagchi said, MindTree, at present, is engaged in providing affordable business and technology solutions through its global software development.
While Infosys and Satyam are present in the city since 1996-97, TCS and Wipro have acquired land in Infocity recently.
The centre is likely to come up within a period of 12-18 months. According to the MoU, MindTree will employ at least 1,000 software professionals within a period of two years of their operation and has long-term plans of employing about 5,000 people at Bhubaneswar over next five years. As the first step, MindTree has started recruiting from Orissa and recently recruited a few MBA graduates from Xavier Institute of Management, Bhubaneswar. MindTree is billed to be the biggest IT recruiter in the state. The largest of them at present, Infosys, proposes to take its head count to 4,500 by 2008. The MoU was singed by Mr Subroto Bagchi, chief operating officer of MindTree, and Mr S.N. Tripathy, secretary IT department, Orissa government, in the presence of chief minister Navin Patnaik, IT minister S.N. Patra and chief secretary Subas Pani. Mr Bagchi said, MindTree, at present, is engaged in providing affordable business and technology solutions through its global software development.
While Infosys and Satyam are present in the city since 1996-97, TCS and Wipro have acquired land in Infocity recently.