Genpact Spends $45 Mln On Strategic Investments In 2014 : Reports

(RTTNews) - BPO major Genpact Ltd. (G) is said to spend $45 million on strategic investments and client-facing teams in 2014 to add capabilities to accelerate long-term growth of the U.S.-based outsourcing services major, according to reports.

During the first quarter of 2014, Genpact's capital expenditure stood at around 2.2% of the quarter's revenues of $528.2 million.

"We are positioning Genpact for accelerated long-term growth in the best way possible and we are making strategic investments through the four pillars of our strategy. These investments are expected to be approximately $45 million, or 2%, of revenue in 2014," Genpact President and Chief Executive, N V Tyagarajan, said in an analyst conference call.