Corporate Relocation Services

Things are on the move in the Indian corporate world. Companies today have branches all over the country and abroad and keep sending their employees on assignment to various locations. This has given rise to a new professional corporate relocation services companies.

Relocation was hitherto a HR function, and most companies restricted their role in the relocation process to handing over a lump sum to their employees and letting them do it on their own. But there has been a change in attitude of late, mainly because of the growing realization of the delays and costs involved in the settling-in process.

The corporate relocation services industry has also been given a boost by the growing number of expats coming to India, attracted by the boom in the IT, pharmaceuticals and other industries. The new relocation companies offer services that range from cultural orientation, finding homes, school admissions for children, arranging domestic help etc.

Corporate relocation services companies also help offices move to new locations. Services include moving, complete office installation including reconfiguration of office equipment, etc. Some companies go further and familiarize staff with a new city, conduct language training courses etc.

It certainly is a booming industry, with international names making their presence felt. It's worth several hundred crores today, and with double-digit growth rates, the corporate relocation industry could reach stratospheric levels.