JAIPUR: IT services major Genpact is planning to invest around Rs 150 crore in the upcoming IT SEZ in Jaipur. Genepact vice-president and Jaipur Site Leader Diwakar Singhal told ET that the company is coming up with a captive SEZ across 25 acres of land.

“The state government has identified land for us on Agra Road and will be handing it over in couple of weeks time. Either we would develop this SEZ on our own or rope in a real estate major as a codeveloper who specialises in SEZ devlopment.

However, we plan to start operations in about 12-15 months after the land acquisition,” he said refusing to spell out the price which the state government had offered the company for the proposed SEZ facility.

The ITes major already has two facilities in Jaipur with around 2500 seats. “With the new facility in operation we would be generating direct employment for 6000 more people and 24000 indirect employment opportunities for the people of Rajasthan,” Mr Singhal said.

The company is gearing up to meet the increasing man power requirement with the scaling up of the operation. It is banking on local talent as acquiring talent from across the country will not only be costly but also increase the attrition rate. “We are opening knowledge centres in colleges to identify and train young graduates for ITes jobs,” he said.

Source : The Economic Times