Satyam Computer Services expects to boost its headcount to 3,000 in China, where it plans to open its fourth development centre, and is also looking at acquisitions in Japan.
The Hyderabad-headquartered firm currently has a payroll of around 350-400 and it proposes to have a 3,000-plus team of professionals operating from China by end of calendar year 2008, director and senior vice-president, Asia-Pacific, Middle East, India and Africa Virender Aggarwal said.
He said the company would open its fourth development centre -- a 1000-seat facility -- in China and added that four tier-II cities have been shortlisted for the purpose.
"Wage inflation and attrition rates in China are similar to those in India. We are looking to expand in tier-II cities in China and want to develop China as an offshore base for our global customers. It is part of Satyam's de-risking strategy for North American and European customer base."
Aggarwal said the company has shortlisted firms in Japan for acquisitions. "We are not looking for capacity but for acquisitions in niche areas of telecom, banking and business analytics domain and to add Japanese language capabilities."
Japan contributes only 1.5 per cent to the total revenues of the company, which now wants to 'crack' the market there as large-scale outsourcing deals are expected to emerge, he added.
Aggarwal said the company has bid for Telstra's incremental outsourcing orders. The Australian telecom company is one of Satyam's top ten clients.
The company plans to ramp up the workforce in Malaysia from the current 125 to 500 by next year. It is also evaluating Malaysia as an alternate centre for starting BPO operations.
According to him, US currently contributes 64-65 per cent of the total revenues and the target is to raise the non-US
top-line to account for 50 per cent in three years as part of the company's "de-risking strategy."