Swedish telecom equipment maker, Ericsson, is looking at adding around 400 graduates from management and engineering to its 19,000-plus team in India in 2015 on the back of good performance in the last quarter in India. In the year ending 2014, the company is expecting to close its hiring with almost 300 people from similar backgrounds.
“Based on the positive momentum that we are seeing in the market, our hiring has seen a 10% increase this year. For next year, we will be looking at a 40% increase on our 2014 hiring numbers,” says Chris Houghton, head of India region, Ericsson.
In its third quarter ending 2014, the company’s revenue grew by 56% as compared with the same quarter in 2013. On the diversity front, the company has set a glob al agenda of having women comprise one-third its workforce by 2020. However, in India, the proportion of women to the total workforce is only 10%.