Accenture on hiring spree in India

Information technology consulting company Accenture on Wednesday announced that it would double its staff strength in India to 10,000.

Marty Cole, managing partner of outsourcing business, said that new additions would occur over the next 12 to 14 months. The company currently has 4,300 staff located in Bangalore and Mumbai.

The outsourcing business in India is booming with more and more American and European companies moving their backroom operations as well as software development centers to India, where they can tap the country's skilled but low-cost labor force.

In July Oracle said it intends to double its work force at two research centers in India to 6,000. Storage maker EMC in November said it plans to invest $100 million in its development center in India over the next five years.