28TH September 2010, NEW DELHI: Vati Consulting, Indias premier RPO service provider join hands with Francorp a part of Franchise India Group to expand its novel RPO model across India, through owned and franchised route. Vati Consulting has shaped the careers of over 10,000 candidates in some of Indias biggest companies, as well as partnered with many reputed MNCs to set up and staff their operations in India. It has empowered several clients through employment, education and training.
Francorp, the strategic partner with decades of experience in Franchising and Retailing Solutions with special expertise in providing innovative solutions to its global clientele will design the growth path of Vati Consulting.
With its corporate / head office in Bangalore, Vati operates through domain-specialist teams spread across the country, providing high quality permanent as well as temporary hiring services. Under the visionary leadership of its founder & current CEO, Amitabh Das, Vati has achieved a remarkable specialization in providing customized, end to end hiring solutions, resulting in faster turnaround time & reduced client costs. An eminent thinker in HR space, Mr. Amitabh Das is an XISS alumnus, who has designed & executed many value-added HR solutions and has led multi-location teams to hire across India and the world over.
Elaborating their unique business model, Mr. Amitabh, Founder and MD of Vati Consulting, says "With the rapid and globalizing progress of Indian Economy, RPO has become quite popular & is moving towards the higher echelon of industry value chain. According to various expert projections, Indian corporate will need around half million skilled professionals in various capacities in the coming years. Indian HR domain is largely unorganized, but with corporate hiring growing at an alarming spree and an immense competition between HR agencies, Indian HR fraternity has to continuously evolve and reinvent itself, to meet the diverse challenges of the new world.
With a stable foundation, steeped in innovative HR solutions and client commitment, Vati recruits across various industry segments for MNCs as well as leading Indian corporate. Our unique ability to manage multiple & diverse projects with customized-solutions approach, has helped us sustain continuity with our valued clients, as well as augmented their brand image by boosting their company's HR assets. Vati specializes in identifying the right skill sets for clients specific requirements, reducing the overall operational costs & time investment, while increasing the ROI and time-to-market of clients HR functions, thus giving our clients a distinctive competitive edge.
Commenting upon this pioneering initiative, Mr. Gaurav Marya, MD, Francorp, said, Im delighted to work with Vati Consulting for its ambitious pan-India expansion program. From the demand side, with a progressive economy and a skilled workforce of more than 440 million, India needs new employment opportunities to maintain an inclusive growth rate. Besides after the recent economic crisis, most sectors & industries in India have rebounded to a healthy growth rate. Consequently Indian industry is projecting a growing demand for qualified & skilled manpower, to enhance their productivity, while reducing overall cost & improving competence. With the shortage of qualified talents and growing attrition rate, companies are forced to outsource the entire recruitment process, ranging from needs assessment to screening, & even interviewing. On the supply side, the Indian HR & Recruitment market is sporadic & unorganized, with recruitment agencies lacking backend company job listings as well as the front end ability to find the right candidates. Hence there is an acute paucity of professional RPO companies in India, having a deeper penetration and PAN India reach. Thus aiming to balance the demand and supply equation of HR opportunities across India, Vati is a novel concept in the RPO domain that offers customized HR solutions in a time and cost efficient manner to its clients. Serving clients from varied industry segments, Vati Consulting has today become synonymous with providing full-spectrum HR services to the corporate clients through partnership, integrity and robust delivery mechanisms.
Vati offers a great opportunity to Francorp, to tie-up with a credible name in the budding RPO domain. Francorp will assist Vati in establishing feasibility of their unique HR & recruitment franchising concept; as well as propose a sustainable business model for future positioning; conduct a financial assessment of the franchise business, prepare franchisee profiling, potential market & roll out strategy.
About Francorp
Since its inception in 1976, Francorp has been the unsurpassed leader of the Franchise Consulting Industry globally. Over the years, Francorp based out of Chicago, has assisted companies in virtually every market segment with its patented processes and unmatched expertise. The clients include companies like Bridgestone, XEROX, Shell Oil, Hallmark Cards, Encyclopedia Britannica, Mad Science Group, Pollo Camperio, Ace Hardware, BP, Fruehauf, and Gant, to name a few. In India, Francorp has associated with Franchise India Holdings Ltd. and has coalesced in an experience of 42 years.
About Franchise India
Franchise India is Asias largest integrated franchise solution company since 1999, with an absolute authority on Franchising, Licensing, Retailing, Real estate and Marketing. The Company has consulted for several major brands over these years like Videocon, HCL, MGF, Quality Walls, Tata, Gitanjali, HSBC, Levis, JK Tyres, Lakme, Ddamas, Adidas, Euro Kidz, The Apollo Clinic, Chhabra 555, Kidzee, Motilal Oswal, Rosebys, Next, Welhome and more, through media, advisory and exhibitions.
With its strategically formed divisions, Franchise India has created its own niche as the pioneers of the Franchise Industry and a small business authority.
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For further information, please contact:
Franchise India: Sonali Kapoor @ + 91 9953137673 / ksonali@franchiseindia.net