With International Financial Crisis having hit nearly all commercial sectors including the IT industry, the announcement made by Rajendra B Vattikutti, President Computer Science Corporation (CSC), a US based IT company, to increase its workforce in India by 2000 people may have brought a smile on the faces of many un-employed youths in India.

The company has centers in Noida, Indore, Hyderabad, Chennai, Mumbai, Bangalore and Vadodara, all dealing in three major businesses i.e. business solution and services, global outsourcing services and the North American Public Sector.

The company employs some 90,000 people globally and with the latest expansion some 21,000 people work for CSC in India alone. The total revenue of the compamy in the year ending July 2008, was a whopping $17.1 billion and out of this $1 billion was earned from Indian operations.
 
The company after acquiring Covansys in July 2007 and First Consulting Group (FCG) in January 2008 has increased its workforce to the largest in the world outside the US. Michel W Laphen, chairman and CEO, CSC said "We have been fortunate enough during this period and also we've not laid off any employee during this turbulent times....we are not seeing any projects cancelled yet, but companies are adopting a sort of wait and see position". 
 
The company is all set to launch its Noida Campus, which will be the largest CSC campus in India.