An XLRI alumnus we are proud of is K. Pandia Rajan, Founder & Managing Director of Ma Foi.
This is now part of Vedior NV, a 6.85 billion Euro staffing company and the third largest in the world.
Ma Foi says they have placed more than 1,16,370 personnel in 31 countries worldwide, over 693 of these being at the GM and above levels.
They are likely to provide more employment than all the Govenrment employment exchanges in India put together. According to statistics, the 998 employment exchanges in the country place 1.10 lakh employees per annum in various government jobs. Ma Foi, which recruits over 5,000 staffers per month, is all set to cross the 1.20 lakh within the next 12 months, company managing director K Pandia Rajan told Economic Times recently.
The company’s revenues, which were to the tune of Rs 328 crore in calendar year 2006, is poised to cross Rs 450 crore in the current year. Mr Rajan said the company is targeting revenues of Rs 1,000 crore and a presence in 20 countries within the next two years