Thursday 23 May 2019
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business-standard - 7 days ago

Mastercard to double India headcount to 4,000 in 5 years

: Global card payments major Mastercard which has announced an investment of USD one billion (Rs 7,000 crore) in India in the next five years, Thursday said it expectsthe existing headcount to double from 2,000 to 4,000 during that period in the country. In 2013, the total staff of Mastercard in India was 29 people. Today we are 2,000. All are highly technical qualified staff. This 2,000 represents 14 per cent of Mastercard s global strength. We continue to grow... I believe so, Rajeev Kumar senior vice-president-market development, South Asia for Mastercard said at a press conference here. It (headcount) would easily double in the next 5 years. If you had to take the last USD one billion investment (in India) for 2,000 people, we believe it (the fresh USD one billion investment) would easily add another 2,000 (employees), he added. Betting big on the growth of Indian digital payments market, Mastercard recently announced an investment of USD one billion over the ...

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