California-headquartered IT firm UST Global has announced expansion plans for its Bangalore facility, with a plan to double employee headcount to about 2,500 by 2015.
The expansion will be focussed in support services to clients in the hi-tech (semiconductor and engineering), retail and healthcare verticals. The company said, in a release, that over the past two years the company has doubled its employee strength in the city.
The release added that the company has invested in increasing capacity and infrastructure to provide better services to both domestic and overseas clients.
The company is in the process of acquiring new clients, and more significantly, considering an acquisition in the near future.
Sudhansu Panigrahi, center head, UST Bangalore, said: “The Bangalore centre has seen particular success with close to 14 clients in the semiconductor, healthcare and retail verticals. We intend to continue to leverage our expertise in these fields and also acquire new customers primarily with captive centres in the region.”
The release added that Bangalore is a strategic location for the company’s domestic clients across sectors.