Talent2 and Pro-lease India in HR deal for Indian market

Stan Beer
Thursday, 09 February 2006 07:19

IT People - Recruitment

HR solutions provider, Talent2, has entered into a joint venture with Pro-Lease India, a wholly owned subsidiary of InterPro Inc, itself a significant shareholder in Talent2 International, to provide recruitment and HR solutions, including IT people, into the Indian market.

The joint venture, which was announced last week in Mumbai, sees a new entity called TalentPro India created.

Andrew Banks, managing director Talent2 says TalentPro India will be able to source a constant flow of Indian specialists, provide mass recruitment solutions where clients often need up to 1,000 people, provide IT temps and assist with large payroll/HRO consortium style deals in Australia/NZ/Asia where there may be significant manual processing or processes that can be back office outsourced.

“Talent2 are now up and running in China. We are gaining traction and market share in that location and we are confident that this Indian joint venture will prove extremely successful.

“India has proven its capabilities in the offshore business with lower administration costs and increased access to a highly skilled workforce. Of the $240 billion worldwide HRO market, India is estimated to account for around 10%. This is expected to grow in the future.

“HRO is gaining in importance and 23% of companies with more than $1 billion in revenue are planning to consolidate their HR under one resourcing provider.”

Talent2 will provide intellectual property, regional sales services and project management skills to TalentPro India particularly around its talent acquisition management services. TalentPro India will outsource recruitment and talent management for major local and multinational corporations operating in India.

The joint venture will also give Talent2 the capability to outsource HR processes on behalf of its Australian clients in India.

TalentPro India will continue to provide its existing Pro-Lease services such as payroll, staffing, training and transaction processing and will add recruiting as a core offering in alliance with Talent2.

Sandeep Kanwar, CEO of TalentPro India says this alliance will beef up their recruitment services.

“We will benefit from Talent2’s tremendous recruitment and talent acquisition expertise," Mr Kanwar said.