Showing posts with label outsourcing forbes india nearshoring. Show all posts
Showing posts with label outsourcing forbes india nearshoring. Show all posts

The Coming Death Of Indian Outsourcing

Information technology and IT-enabled services will employ 4 million people in 2008 and account for 7% of gross domestic product and 33% of India's foreign-exchange inflows, according to Nasscom, an Indian IT industry organization.

The death of this industry is far from anyone’s mind.

However, the reality is that wages are rising in India. The cost advantage for offshoring to India used to be at least 1:6. Today, it is at best 1:3. Attrition is scary.