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In February 2015, Capgemini India CEO Aruna Jayanthi said Capgemini was on track to reach its goal of employing 70,000 people in India by 2016.
The company has come a long way in India and bought into the country. In just 10 years, its employee base in India has grown by 25 times to exceed 50,000.
India is still seen as the best place for offshore IT by many, despite increasing competition from countries in regions such as Eastern Europe and South East Asia. The latest Global Service Location Index from management consultancy AT Kearney ranked India as the top location for IT services, with a good balance of cost, skills and business environment.
There is a group of cities in India that are setting themselves apart with their substantial IT skills bases and diverse ecosystems with interaction between IT suppliers, corporates and education. Hyderabad – like Bangalore, Gurgaon and Pune – are seen as the places to go for IT brains, experience and capital, as well as research and development (R&D).