India's outsourcing industry to grow by 32.6 percent

[OhioChick]

By John Ribeiro, IDG News Service
January 23, 2007

Nasscom says India is on course to achieve $60 billion in exports by 2010

Benefitting from a boom in offshore outsourcing, India's software and services exports are estimated to grow by 32.6 percent to over $31 billion in the Indian fiscal year to March 31, according to data released Tuesday by the National Association of Software and Service Companies (Nasscom).

India’s top outsourcing companies, Tata Consultancy Services, Infosys Technologies, and Wipro reported earlier this month strong growth in revenue and profits for the quarter ended December 31, mainly on increased volumes of business.

The country is on course to achieve $60 billion in exports by 2010, NASSCOM said.

IT services including software development are expected to contribute $18 billion to exports in the year to March 31, while business process outsourcing (BPO) and call centers are likely to contribute another $8.3 billion, according to Nasscom in Delhi. Engineering services, research and development (R&D) services, and product development work are expected to contribute a further $5.0 billion.

The data includes exports by both Indian outsourcing companies, and Indian operations of multinational services and technology companies like IBM, Dell, Oracle, and Accenture.

http://www.infoworld.com/article/07/01/23/HNindiaoutsourcinggrows_1.html

[area51]

1. Offshoring

It's criminal that republinazis are offshoring/inshoring American jobs. It's no wonder why people won't believe the nazi propaganda that the economy is good; it clearly isn't when it's so difficult to get a job.

[sarcasmo]

2. American jobless rate to rise 32.6 percent.

[Deja Q]

3. Hence my tinfoil post in GD

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x13096

[Deja Q]

4. A way to improve on things is to work with existing things.

Managers right now tell American workers to do things a certain way and not to stray from it.

How is progress to be made? (Simple: offshore the jobs, get those folks to learn it, and then let them do the improvements denied our own countrymen who are not lazy and sure as hell WANT to work and improve on things.)