RPO Industry Set To Take-Off In 2015
"India 's Recruitment Process Outsourcing (RPO) market, which is currently valued at approximately INR 4 billion (64.3 million), is expected to grow by between 40% and 50% this year. Randstad has seen requests for RPO in India more than quadrupling, up 120% compared with last year. TeamLease Services has also recently established a formal RPO unit to cater for increased demand for RPO. ScaleneWorks People Solutions has grown its RPO business by 120% since last year. Moorthy Uppaluri, Managing Director and CEO of Randstad India said, ""The top three growth drivers for the RPO boom in 2015 are the need for organisations to enhance quality of hiring, reduce cost of hiring and increase speed of hiring."""