Nasscom has predicted that the industry will chart a growth rate of 40% over the next fiscal year: “The Indian BPO sector is expected to maintain the current export momentum and grow by 35-40 per cent in this fiscal (FY 07) to achieve $8-8.5 billion as against $6.3 billion in the previous fiscal (2005-06)”. It’s sunshine time for Indian outsourcing industry.
This will reduce the in-house unit cost for multinational, as these trends seems ongoing changes, it will increase competition in market no doubt but such competition will benifit to the outsourced company in terms of preference and saving overall cost. That means for survival and consistent growth one should consolidate and divest their unit to somebody else resources.
Filed under: Outsourcing News
