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The Hindu

National

The Hindu Bureau

400-seater office of U.S. IT firm Forsys in Hyderabad opened

Hyderabad D Sridhar Babu

California-based IT firm Forsys has opened a 21,000 sq.ft., 400-seater office, established at $2 million, in Hyderabad.

The company, with a headcount of 200, intends to hire 450-500 more employees by 2026. It plans to invest up to $10 million in local operations over the next three years, founder J.P. Vejendla said on Friday in a release on the office opening ceremony.

Minister for Industries and IT D. Sridhar Babu, U.S. Consul-General Jennifer Larson, chairman of iLabs Group Srinivasa Raju, cardiothoracic surgeon and Star Hospitals MD Gopichand Mannam and others participated in the event.

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