Kakinada, 21st January, 2015:
A state of the art Rural BPO center created by Kakinada SEZ Pvt. Ltd. (KSEZ), a GMR Group Company, is inaugurated today at Kotha Mulapeta Village, U.Kothapalli Mandal, East Godavari District, Andhra Pradesh. The center has been conceived and built in collaboration with TATA Business Support Services Ltd. (TBSSL), one of the largest Domestic BPO Services companies in India.
The center was inaugurated by the Mr.Srinivas Koppolu, Managing Director of TBSSL and Mr.Prasanna Challa, President – Kakinada SEZ.
The rural BPO will move the BPO industry away from the established Metros and the Tier II cities, to rural areas where there is an abundance of good quality manpower. Organizations such as TBSSL, have proved that with proper training, the young boys and girls of rural India can perform in a BPO as effectively as their urban counterparts and in a far more cost-effective manner.
In a statement released today, Mr. Prasanna Challa, President- KSEZ said, ‘Kakinada SEZ, which is a part of the infrastructure major GMR Group, would provide world class general and technical infrastructure including digital connectivity to the Rural BPO. The youth from villages in and around Kakinada SEZ would be provided training by the GMR Varalakshmi Foundation, the CSR arm of GMR Group.’
Mr.Srinivas Koppolu Managing Director of TBSSL said ‘the center has a capacity of about 200. The operations in the center are expected to commence in February 2015. We hope that this centre would herald a long and beneficial collaboration between TBSSL and the GMR Group across rural locations in India.’
Kakinada SEZ also announced that the first phase of development has commenced with the initial units, in sectors such as Marine Food Processing and Toys that would be coming up in the next 3-6 months, with an employment potential of 1500-2000 within a year. Priority would be given to the persons from project displaced families as well as those families which have given land to the SEZ.
About GMR Infrastructure Limited:
GMR Infrastructure Ltd is a Bangalore headquartered Infrastructure group with interests in Airports, Energy, Highways and Urban Infrastructure sectors. It has successfully employed the public-private partnership model to build a portfolio of high quality assets. The Company has 15 Power generation assets of which 8 are operational and 7 are under various stages of development. In the Highways sector the Group is operating 9 assets (including 2 in which the Group holds minority interest) across the country. In the Airports sector, the Company operates India’s busiest airport, the Indira Gandhi International Airport in New Delhi, where it has built a brand new integrated terminal T3. It has also developed and commissioned the Greenfield international airport at Hyderabad as a gateway to south and central India. The Group has been recently awarded the Mactan-Cebu International Airport project in the Philippines for renovation, operation and maintenance with a concession period of 25 years. GMR Group is also committed to social development initiatives and executes these through its Corporate Social Responsibility arm, the GMR Varalakshmi Foundation which carries out work in 24 locations.
For further information about GMR Group, visit http://www.gmrgroup.in/index.html
GMR Infrastructure Limited is proposing, subject to market conditions and other considerations, a rights issue of its equity shares and has filed a Draft Letter of Offer with SEBI and the Stock Exchanges. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the website of the Lead Managers at www.jmfl.com, www.axiscapital.co.in, www.icicisecurities.com and www.sbicaps.com. Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to the section titled “Risk Factors” of the Draft Letter of Offer for details of the same.
About Tata Business Support Services
Tata Business Support Services is among the largest India to India company in the Customer Relationship Management Space. Tata Business Support Services has 11,000 employees across 18 delivery centres in India and supports significant Customer Communities including citizen services. Tata Business Support Services is a 100% owned subsidiary of Tata Sons.
For further information, please contact:
Kakinada SEZ Pvt. Ltd.
Mr. Srimanth Reddy Muddasani
Tata Business Support Services Ltd.
Ms. Anamika Sarma Iyer