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India – TeamLease plans revenue CAGR of between 20% and 25% through 2030, seeks to be largest staffing provider (India Infoline)

25 May 2022

TeamLease, an India-based staffing firm, plans a compound annual growth rate for revenue of between 20% and 25% through 2030, according to a report in India Infoline. “We will be extending our product/service portfolio with adjacencies in specialized verticals of staffing and digital workforce solutions, with a focus to expand margins to 3.5%,” India Infoline reports TeamLease Managing Director Ashok Reddy as saying. “This year we have launched our HR Tech solutions business and are looking forward to scale this further in the future. We are also aiming to become India’s largest private employer and world’s largest staffing service provider by headcount.”