The company listed by Forbes Asia as the ‘best under a billion’ is into designing and integrating business applications. The company’s new centre at recently launched Chennai facility is set to acquire competencies in mainframe software technology in the insurance vertical, said the release.

The recruitments for this unit are under process, the company release added. During the recent times, IT and ITES industry has seen sudden spurt in India. Even European entrepreneurs are now recognising India as a bold, hungry market that is likely to assert itself in new ways and eclipse much of the west in the coming years.

According to figures provided by Microsoft Learning Services the total number of IT professionals in India have grown tremendously from 1999 to 2007. In fact in the year 2009 there might see a shortfall of around 2.5 lakh IT professionals, says company’s survey.

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