Vertex bets big on India
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The Vertex group, which had acquired domestic player Shell Transource last year, has about 6,000 people on its payroll (post-acquisition). Vertex Group CEO Paul Sweeny stated "The acquisition has helped Vertex emerge as a significant player in the domestic market. Going ahead, we have major expansion plans as part of which we will have 11,000-13,000 people by September next year"
Point of View: The expansion by Vertex signals two key developments in the market:
India Domestic Marke...
