To open 80 branches by end of year and 20 branches by March 2010.
Bangalore, 1st March 2010 – Adecco India, the Indian arm of the Swiss based Adecco Group, has announced the expansion of their branch network across Indian cities. Adecco India, headquartered in Bangalore, is a leading end-to-end HR solutions company with a focus on Executive Search, Recruitment, Learning and Temporary Staffing services to client organisations. With a national presence in 40 branches across India, Adecco India is the fastest growing HR Company in India.
Adecco India plans to open a total of 80 branches by the end of 2010 and to begin with, 20 additional branches will be added to the existing 40 branches taking it to 60 branches by 1st March 2010. With this Adecco India will penetrate into Tier 2 & Tier 3 cities where job opportunities are on the rise and tap the local talent pool to provide work options.
Speaking on the announcement, Mr. Sudhakar Balakrishnan, Managing Director, Adecco India said, “This is a very important milestone for Adecco India and is part of the company’s continued growth in India. We are currently at 40 branches and with another 40 branches we will double our presence in India. Through this move, Adecco India will support its customers in their expansion initiative into Tier 2 & Tier 3 cities. Clients are increasingly looking at flexible workforce options to meet their growing demand of people.” He also added that the penetration levels of temping in the Indian organized employment market is still insignificant, a very small percentage compared to the penetration levels in the developed economies.
Our branch footprint will provide an opportunity for youth in semi-urban markets to exploit job opportunities in Retail, FMCG, Telecom and Infrastructure Companies who will expand into smaller towns/cities. He also added that the urbanization impact and ever expanding road network will also improve connectivity enabling organizations to expand their operations and Adecco will support and service the hiring needs of these customers.
And lastly, with economy back in the growth mode, Mr. Balakrishnan feels hiring will increase and the enlarged branch network will cater to the growing demand of the young workforce, which will not only help in employability but also enhance income.
About Adecco India
Bangalore-based Adecco India is a leading end-to-end HR solutions company with a focus on Executive Search, Recruitment, Learning and Temporary Staffing services to client organizations. With 40 offices across India, more than 1000 clients and 700 FTEs on its rolls, Adecco is the fastest growing HR Company in India.
About the Adecco Group
The Adecco Group, based in Zurich, Switzerland, is the world's leading provider of HR solutions. With over 28,000 FTE employees and more than 5,700 offices, in over 60 countries and territories around the world, Adecco Group offers a wide variety of services, connecting more than 500,000 colleagues with over 100,000 clients every day. The services offered fall into the broad categories of temporary staffing, permanent placement, outsourcing, consulting and outplacement. The Adecco Group is a Fortune Global 500 company.
Adecco S.A. is registered in Switzerland (ISIN: CH0012138605) with listings on the SIX Swiss Exchange (ADEN) and on Euronext in France (ADE).
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