Saturday, June 13, 2009

Google bets on India growth

New Delhi, June 9 (PTI) World's leading search engine Google sees India becoming one of the 10 most "impactful markets" in the next 3-5 years and is planning to hire locally to drive its brand advertising stream of business.
"Our focus in India is growth. India is going to be one of the 10 most impactful market for Google in three to five years...Minimal impact on India in terms of job cuts announced globally," Google India MD Shailesh Rao told PTI.

The US-based company did not reveal its India revenue or headcount. It has two R&D centres here. Outside the US, India has one of the highest headcounts, Rao said.

"At the moment India does not drive global revenue," Rao said.

The search engine, which has a monopoly position in India, is also looking at hiring here to strengthen its brand advertising revenue stream which is a new growthdriver.

"Hiring is to continue in India. We need a team for brand advertising. India is one of the largest employers outside the US and it is a strategic location with good technical skills and manpower and is among the highest growth markets for Google," he said.

He, however, added that in India the company is hiring at a reduced level and is need based. PTI

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