Indian Outsourcer to Boost Hiring Five-Fold

MUMBAI -- Those in the US who are wondering why new jobs are not resulting from the growing economy can look no further than India. Indian outsourcing giant Tata Consultancy Services plans to hire a whopping 30,000 employees in the fiscal beginning April 1st, according to CEO N. Chandrasekaran. The decision is in preparation for their expected surge in outsourcing contracts due to the global economic recovery. Many BPO firms in India have noticed an increase in orders and contracts from the US and Europe. This has led to a hiring spree across India, as outsourcers ready themselves for new business. 30,000 new hires is an impressive number considering Tata only hired about 6,000 over the past nine months.