Cubic Transportation Systems expanding in Hyderabad
Transportation-related payment and information systems and services provider and integrator Cubic Transportation Systems (CTS) is expanding its India operations in Hyderabad. A division of the NYSE-listed Cubic Corporation, CTS currently employed 74 people at its facility in Hyderabad. The headcount is to be increased to 200 this year.
“We are looking forward to strengthening our recruitment efforts at Cubic India,” CTS India managing director Kishan Kamojjhala said. A press release said the Hyderabad centre is being expanded into a larger facility to capitalise on the region’s engineering talent.
CTS has projects in metropolitan cities, including London, Chicago, Vancouver, Sydney, Brisbane, San Francisco, Los Angeles, Miami, Atlanta, Sweden, Scotland and Singapore. CTS India, established in 2009, supports software engineering design, development and testing of various international projects. It plans to deliver 40% of global CTS work from the Hyderabad centre. Cubic has invested $ 10 million in the Indian operations over the last five years and intends to invest $4 million in the next couple of years. The company is keen on work in Indian markets and looking forward for infrastructure and defence training projects. The anticipated growth at Hyderabad operations will support recent major contract awards, including new fare payment systems for New York and Boston and further augment global business development, the release said.
“Asia-Pacific region continues to be a market of opportunity across our three business divisions at Cubic,” according to president and CEO of Cubic Corporation.
“This expansion (in Hyderabad) supports the growth in resources we are focused on for our major engineering centres in the US, the UK and Australia,” CTS president Matthew Cole said.