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Chief
Automotive giant - Ford has opened its office in Bangalore for 300 folks and have been hiring aggressively from last 2 yrs.. Entire SAP ECOMMERCE was brought in-house removing entire Infosys team.. all of them were hired in-house.
Another Automotive giant - BMW has opened their IT hubs in Chennai, Pune and Bengaluru, and is targeting to cross a headcount of 1500 by March 2026.
Global Banking giant - Bank of America has opened their massive 2nd campus in India and hiring to fill up..
Global Fintect giant - American Express opened their new office in Chennai and expanded their Gurgaon office.
SAP Labs opened their 2nd office in Bengaluru..
Global Aerospace giant - Boeing opened their 2nf office in Bangalore..
Global Banking Giant - Lloyd's Bank opened LTC and has hired 3000 folks in the last 2.5 yrs..
Global beer/brewing giant - Carlsberg opened their 2nd IT office in Gurgaon..
.. and a lot more such industry giants (Fedex, American Airlines, Chevron, etc have made and are making their way to India to open their IT hubs here.
This is a threat to service-based companies like TCS, Infosys etc and I totally agree abt the layoffs there.. Someone put forth abt this here - https://joinfishbowl.com/comment_crydj1c5qn
200 out of all fortune Global500 companies have their IT hubs in India.. India is the hotcake now for the potential !!
So, there is a lot good happening too, not just bad. 😉
Chief
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