Business Update19 Sept 2024, 06:48 pm
Firstsource Sets Up Operations in Australia and New Zealand, Creating Over 400 New Local Jobs
AI Summary
Firstsource Solutions Limited, a leading global provider of specialist domain-led Business Process Services (BPS) and an RP-Sanjiv Goenka Group company, has announced its operations in Australia and New Zealand. The company will be headquartered in Victoria, Melbourne, creating over 400 new local jobs over the next five years. Firstsource plans to partner with Victorian education institutions to set up an innovation lab focused on AI, engineering, robotics, and digital experimentation. This move marks a significant milestone in Firstsource’s global growth strategy and is a critical part of the economic relationship between India and Victoria.
Key Highlights
- Firstsource has set up its operations in Australia and New Zealand, to be headquartered in Victoria.
- The company will create over 400 new local jobs over the next five years.
- Firstsource plans to partner with Victorian education institutions to set up an innovation lab focused on AI, engineering, robotics, and digital experimentation.
- This move is a significant milestone in Firstsource’s global growth strategy.
- India is a major two- way trading partner for Victoria totaling $3.6 billion in 2023-24, with software and IT services accounting for 66 percent of Indian foreign direct investment.