Equiniti Plans To Hire 800 Employees Amidst Expansion In India
Equiniti India, a UK-based outsourcing firm focused on financial and administrative services, intends to hire approximately 800 people in the country by 2024 as part of its expansion plans.
Equiniti India, Equiniti Group's offshore branch, now employs approximately 1,500 people in Chennai and Bengaluru. So far, the organisation has hired approximately 400 people in 2023 alone. In India, over half of all employees work in operations, 30 per cent in information technology, and 10 per cent in finance. The company employs approximately 6,000 people worldwide.
As part of the expansion, the company intends to open a new office in Chennai near Tidel Park. The company's India arm is working to implement its pension scheme policy in order to improve the customer experience.
"In the next two years, we plan to have 50% of our global population in India," Anand Ramakrishnan, managing director at Equiniti India, told Business Standard. "A large part of our operations is run out of India, including OTC (order-to-cash) process, R2R (record-to-report) process, procurement process, and a few other operations."
The company intends to launch a new project to ensure that all of the company's processes are consistent and transparent.
