Black Box earmarks Rs 100 crore to ramp up India presence
New Delhi: Essar Group firm Black Box, a global digital infrastructure integrator, has earmarked about Rs 100 crore to fuel its India expansion, as it looks to more than double its India business in the next few years. A huge chunk of this investment — which represents about a quarter of Black Box’s recent Rs 410 crore fundraise — will be used to strengthen the firm’s Center of Excellence in Bengaluru, where the company plans to double its workforce to about 1,000 employees over the next year. The company currently employs around 3,000 people worldwide.