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ZTE to Send Back Chinese Staff to Hire Indian Employees
Telecom equipment provider ZTE is likely to send 250 Chinese employees back as it is obliged to recruit Indian employees in all of its operations in India over the next 3 years.
The move has taken place in the wake of the release of the Government's directive, last month, which expects all the foreign telecom equipment companies in India to employ only Indian engineers.
At present, out of the total 2,300 staffers of ZTE in India, 15% are Chinese. The company has been planning to recruit another 1,000 engineers by March 2011.
The company's unit in India contributes to over 10% its global revenues, which was reported to be $8.8 billion in fiscal 2009-10.
DK Ghosh, Chairman, ZTE Telecom India, "It is part of our localization policy and has nothing to do with the department of telecom (DoT) directive".
Mr. Ghosh added that around 95% of ZTE's manforce in India constitutes engineers. The move, as directed by the Government, will reduce its Chinese staff strength to merely 3%.
The Government's directive, called DoT, was issued in March, asked for a strict adherence of the foreign operators to the new instructions.
dacare This entry was posted on April 19th, 2010 at 01:41:26 am by dacare and is filed under Candidates, Labor and Worker, Technical, IT Recruiting.