Capgemini’s plan to acquire engineering consulting firm Altran for €3.6 billion ($4.1billion) could boost growth in the Indian engineering services market, analysts said.
There is greater potential in engineering services and India has an adequate talent pool, said Peter Bendor-Samuel, chief executive of US-based IT advisory firm Everest Group. “The best source of engineering talent in the world is India and we expect Capgemini, through its Altran acquisition, to significantly expand its India workforce over the next several years. We believe that India will be the primary beneficiary as a destination for this work,” he said.
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