A Huffalump did his business here...: India IT Companies Specialising in Outsourced Works - A booming Industry?

Saturday, July 08, 2006

India IT Companies Specialising in Outsourced Works - A booming Industry?

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India's $23 billion software industry is likely to see a rise of 25-28 percent in exports for the year to March 2007 as demand for outsourcing remains strong, the National Association of Software and Service Companies (NASSCOM) said in June.

The top three Indian software exporters Tata Consultancy Services Ltd., Infosys Technologies Ltd. and Wipro Ltd. all boast more than a billion dollars in annual revenue.

Last year, a $2.2 billion outsourcing deal from ABN AMRO Bank was split between Indian firms Infosys, TCS and Patni Computer Systems Ltd. and global companies Accenture and IBM.



It seems that the Indian outsourcing business is booming.... but i dunno... it seems like a cop out. The programmer is just paid less and less.

Cost cutting should not be a key business strategy, at least not in the long term as it is a finite advantage!

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