Bangalore – November 8, 2012
Infosys BPO Ltd., today announced that Project Genesis, its flagship Corporate Social Responsibility (CSR) initiative, has successfully trained more than 1,00,000 students across India to enhance their level of employability in the ITeS industry.
Project Genesis is a unique industry-academia partnership initiative that was launched in Karnataka by Infosys BPO in 2005, with the objective of increasing employability of students across tier-I and tier-II towns in the country. A detailed curriculum was also tailored keeping in mind the limited industry exposure that these students have. The program is conducted in four well-planned phases, so that the impact on students is the highest. The initiative equips them with the required proficiency to enter and perform well in this dynamic industry.
Speaking on the occasion, Raghavendra K., Vice President and Head - Human Resources Development, Infosys BPO said, “We are proud to see such inspiring results from Project Genesis, which had made a strong impact right since inception. We have reached out to over 1,00,000 students from tier-II and tier-III towns in India, and continue to strive towards reaching out to more. The program assists academicians to handle queries and apprehensions of students about a career in the BPO industry. The program focuses on employability and also on the students’ ability to transition from campus to corporate. It aims towards creating a level playing field with respect to industry knowledge and exposure so that students have an equal chance while scouting for openings in the industry. Today, we believe that we have been rather successful in contributing towards the same.”
Project Genesis follows the ‘Train the Trainer’ model, where academicians from identified colleges are trained over a period of 10 days on the Global Skills Enhancement curriculum on the Infosys campus. The entire training program is sponsored by Infosys BPO with no expense being incurred by the participating academicians.
Infosys BPO Ltd. ( www.infosysbpo.com), the Business Process Outsourcing subsidiary of Infosys Limited, was set up in April 2002. Infosys BPO focuses on integrated end-to-end outsourcing and delivers transformational benefits to its clients through reduced costs, ongoing productivity improvements, and process reengineering. Infosys BPO operates in India, the Czech Republic, Poland, Mexico, Brazil, USA, China, the Philippines and Australia, and as on September 30, 2012, employed 24,056 people. It closed FY 2011-12 with revenues of $494.5 million.
Infosys partners with global enterprises to drive their innovation-led growth. That's why Forbes ranked Infosys 19 among the top 100 most innovative companies. As a leading provider of next-generation consulting, technology and outsourcing solutions, Infosys helps clients in more than 30 countries realize their goals. Visit www.infosys.com and see how Infosys (NASDAQ: INFY), with its 153,000 people, is Building Tomorrow's Enterprise® today.
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2012 and on Form 6-K for the quarters ended December 31, 2011, June 30, 2012 and September 30, 2012.These filings are available at www.sec.gov . Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company.