THIRUVANANTHAPURAM: Technopark-based Experion Technologies, a global product engineering services company enabling enterprises with future-ready digital solutions, has announced its strategic plan to expand its international operations and build capacity in Japan, the Nordics, and other existing markets, like the United States, Australia, New Zealand, the United Kingdom, and Mainland Europe.
The company has allocated Rs 50 crore (US $6 million) towards global expansion for the next 12 months. It looks to strengthen its local presence by onboarding technical, senior sales, and domain practice leaders in those markets.
In June, Experion will start operations in Japan. The company plans to bring advanced tech capabilities, product engineering process competence, and the learning gained from other markets, such as the US, the UK, and Australia, to the Asian nation. Additionally, the company will invest in capacity building for engineering verticals comprising automotive and embedded systems.
Part of the expansion plan includes an increase in onsite hiring. Experion has begun hiring local engineers for their US and ANZ offices, adding to the investments made in the US by Indian companies and creating more jobs in the local market. Indian companies have invested over $40 billion in the US and created over 4,25,000 direct jobs, the Confederation of Indian Industries (CII) said in a report on the Indian industry’s footprint in the US. As per the report titled ‘Indian Roots, American Soil,’ 85% of surveyed companies plan to hire additional local employees in the next five years, with 83% planning future US investments.
Additionally, from the total investment, Experion has allocated budgets to boost delivery capability in India. The company plans to add 1,500 IT professionals, doubling its overall headcount to 3,000 by 2025-26. Around 600 recruits would be freshers, selected, trained, and deployed in Kerala, where the company is headquartered.
Binu Jacob, managing director and CEO of Experion Technologies, said, “Product engineering within the digital domain is witnessing explosive demand across industries in the global markets. Experion has already started providing immersive training in the local Japanese language and culture to many existing technical leads covering multiple technology portfolios. Our continued growth, portfolio, and market expansion amid the global slowdown can be credited to our sustainable business model.”