Released on: March 27, 2008, 5:21 am

Press Release Author: PRHUB

Industry: Human Resources

Press Release Summary: Bangalore, March 27, 2008: Adecco India, the Indian arm
of the world's largest HR Services
company and e20.4-billion human resource services major Adecco SA, today
exclusively shared
with the Pune media, its outlook for industrial staffing (aka Blue collar
temping) in India with focus
on the western region. The company through its recent acquisition of Ajinkya,
India's leading
industrial staffing company, has emerged as the front runner in this fast
growing space which is till
now largely unorganized. Pune-based Ajinkya is a niche staffing company
focused on blue collar
temping with over 150 reputed clients and more than 4500 outsourced manpower
on its' payrolls.


Press Release Body: Bangalore, March 27, 2008: Adecco India, the Indian arm of
the world's largest HR Services
company and e20.4-billion human resource services major Adecco SA, today
exclusively shared
with the Pune media, its outlook for industrial staffing (aka Blue collar
temping) in India with focus
on the western region. The company through its recent acquisition of Ajinkya,
India's leading
industrial staffing company, has emerged as the front runner in this fast
growing space which is till
now largely unorganized. Pune-based Ajinkya is a niche staffing company
focused on blue collar
temping with over 150 reputed clients and more than 4500 outsourced manpower
on its' payrolls.

According to Sudhakar Balakrishnan, CEO, Adecco India," White collar temping
has been
the focus hitherto in India and is today a mature segment with most organized
players present. In
contrast, industrial staffing has largely been largely unorganized. So much
so that we estimate
that for every one person who goes through a organized player in this space
there are 25 others
placed by the small local players and contractors. The entry of large and
organized players like
Adecco will not only expand the market but will result in certain positive
benefits like increased
mobility across states, salary standardization etc. among others. Against the
backdrop of the
tremendous growth of Indian manufacturing and allied industries over the past
few years, this
space is expected to witness exponential growth which we would like to ride
on. In that sense our
acquisition of Ajinkya is well timed."

According to In his comments, C R Kale, Founding Director, Ajinkya,
said, "Data available with us shows that
the western region comprising Maharashtra and Gujarat accounts for over 25%
of the industrial
staffing need in India due to its long history of industrialization and
focus on manufacturing. We
see this region continue to be the leader in
demand for industrial staffing. An interesting
trend we
have observed recently has been the increased labor mobility in this space
from Maharashtra to
other states. We see this cross state mobility spurting exponentially in
the coming years and as an
organized player with national presence and reach we will be able to
catalyze this in a structured
manner unlike the existing scenario where it is not. With companies getting
larger and their
operations more diverse, their staffing requirements will get more complex
which will pave the way
for large, structured players who have multiple domain expertise in this
space more and more."



Added Sudhakar Balakrishnan," India has a definite demographic advantage
wherein it has a younger, educated workforce compared to other
markets where the workforce is aging. This
has primarily been looked at from the white collar/IT/BPO perspective and it
is time that we realized
the same is true of industrial staffing as well and actively encourage and
promote cross-national
mobility in this area."

About Ajinkya
Ajink ya is an ISO certified niche blue collar staffing company having over
150 reputed clients and
more than 4500 outsourced manpower on its payroll. The company is strong in
the western region
of India and counts as its clients companies like Reliance, Cummins India,
Siemens, Thermax,
Tetra Pak, RPG Group, Anand Group, Praj Industries, and INOX among others.
The company has
been on a consistent growth path under the leadership of C R Kale.

About Adecco India
Bangalore-based Adecco India is a leading end-to-end HR solutions company with
a focus on
Executive Search, Recruitment, Learning and Temporary Staffing services to
client organizations.
With 38 offices across India, more than 1000 clients and 700 FTEs on its
rolls, Adecco is the
fastest growing HR company in India.

About Adecco SA
Adecco Group is the world market leader in Human
Resource services with sales of EUR 20.4
billion in 2006. The Adecco network connects
over 7,00,000 associates with clients each day
through its network of 37,000 employees (FTE\'s)
and 7,000 offices in over 70 countries and
territories around the world. Headquartered in
Switzerland, and managed by a multinational team

with expertise in markets spanning the globe,
Adecco delivers an unparalleled range of
flexible
staffing solutions and career services to
clients and associates.


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