Conti to set up global IT unit in India

New Delhi, India - Continental AG,has announced plans to set up a Global IT Competence Centre in India with New Delhi-based Ideafarms -- a niche IT firm offering global delivery. The activity will be one of Continental's major initiatives in the subcontinent. As part of its new sourcing strategy, Continental proposes to reallocate a substantial 25 percent of its niche IT sourcing spend for these facilities.

The India Competence Centre will be designed to shift Continental's routine capacities offshore, in phases, for maximising cost advantage. The move is part of Continental's strategy of sourcing process-oriented niche applications to specialised players.

The facility is planned as a single point for providing knowledge-based IT consulting services to Continental AG worldwide and will also be responsible for evaluating and validating technology solutions. In a later phase, the scope will be expanded to include other high-value services in R&D as well as engineering services.

Paul Schwefer, CIO of the Corporation, who is presently in Delhi to announce the initiative with Ideafarms said: "Strategic sourcing is the centrepiece of our business strategy to enable effective use of human capital and optimum utilisation of our resources. Ideafarms' expertise is in collaborating with us in understanding our core business needs and then applying IT and other capabilities to offer customised solutions."

"We believe that now is the right time for Continental to scale up operations in India and benefit from the value that Indian professionals can bring to their global sourcing strategy. Our creative, strategic, technology and process expertise, coupled with a flexible and cost-effective global delivery model makes us the ideal sourcing partner," said Sunil Malhotra, President & CEO of Ideafarms.

This is an external link and should open in a new window. If the window does not appear, please check your pop-up blocking software. ERJ is not responsible for the content of external sites.

Press release from Continental