Tech Mahindra is looking to ramp up hiring in its delivery centers across Eastern Europe and Latin America over the next few years to diversify its talent base and provide a buffer against the war for talent currently going on in India.
Peter Bendor-Samuel, CEO of IT consulting and research firm Everest Group, told TOI that the benefits of such a strategy are likely to far outweigh the costs. “I believe that this is a prudent decision. If Tech Mahindra is patient and works through the issues. It clearly diversifies its workforce, provides interesting near-shore options for clients, de-risks its operations from the increasingly intense Indian labor market, and allows it to match one of its competitors’ advantages,” he said.