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Watchout Bangalore
Business India
Mumbai, June 04, 2006
 
 

Watch out, Bangalore! After QuEST, it is now the turn of the Pune based Neilsoft Ltd to start a centre in Hubli, Karnataka. Like QuEST, Neilsoft too is a specialist engineering services and solutions provider - with international clients in the construction industrial machinery, transportation, energy and software verticals. Says Managing Director Ketan Bakshi, "The engineering services outsourcing industry has been growing at more than 40 per cent over the last two years and is at an inflection point. To ride this, wave, Neilsoft has drawn up a blueprint for growing 10-fold in the next six years." The Hubli engineering centre, he says, will grow to 100 people in the next 18 months, while the company will double its capacity to over 1,000 seats. The engineering services space has its own challenges of scalability and characteristics that are distinctly different from information technology services, he points out. Why Hubli? Having evaluated Aurangabad, Nashik and Hubli, the company found that wages will rise faster in the other two cities. The presence of several engineering colleges also guarantees the availability of fresh engineering talent in Hubli, which Bakshi says will emerge as the next big city in the engineering space.

 
 
 
 
 
 
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