Daily News

View All News

India – SMEs in western countries turn to Indian staffing firms for virtual recruitment (LiveMint)

02 March 2021

Small and medium sized enterprises from western countries are taking advantage of remote working solutions to ramp up offshore hiring from India, reports LiveMint. According to industry experts and stakeholders, companies are approaching staffing firms in India to hire individuals who can work from anywhere in the country but on western timings. "WFH (Work from home) has opened up the broader thinking around work from anywhere," said Viral Thakker, Partner at Deloitte. Kamal Karanth, co-founder of staffing firm Xpheno said, "Ideally they would outsource these to call centers or proper BPOs in India. But now they're saying why go to those firms if there are credible players whom they can rely upon to staff them.” Karanth said many US companies have been calling him to ask for staffing solutions. He estimated that virtual staffing could become a half a billion dollar industry in the next two to three years. Technology companies also remain one of the big employers, who want coders and engineers to work remotely. But Karanth explained that the profile of most of these firms remains in the small and medium sized industry sectors.