SMC Group to hire 3,000 people in next 3 yrs
New Delhi: Domestic brokerage firm SMC Group
on Sunday said it plans to hire 3,000 professionals and open 3,500
offices in the next three years to expand network in the
country.
The company would invest Rs 50 crore in expansion plans.
"We are in process to expand our network by adding 3,500
offices to reach across the country over the next three years.
We need a strong team of professionals and for this we will be
hiring about 3,000 people during the period," SMC Group CMD
Subhash Chand Aggarwal told a news agency.
At present, the Delhi-based financial solutions provider
has a network of over 1,500 offices spread over 375 towns in
the country. The current workforce of the group is about 7,000
serving over five lakh customers.
Aggarwal said the expansion plan would cost over Rs 50
crore and the firm has enough money to finance the growth.
"In recent time, we raised money through different routes
and in coming period also we will raise some funds for these
purposes," he said.
SMC's products and services include institutional, retail
brokerage of equity, commodity, currency, derivatives, IPOs
and mutual funds distribution and portfolio management among
others.
PTI