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| Website about It Outsourcing - Outsourcing portal. Other useful information: In a piece published Friday in Forbes, Sramana Mitra documented the numerical reasons why India’s outsourcing industry - commanded by corporations like" /
In a piece published Friday in Forbes, Sramana Mitra documented the numerical reasons why India’s outsourcing industry - commanded by corporations like Infosys and Wipro - is bound to decline. And maybe even die, if the current hiring binge, the steady increase in industry wages, and the demand for any and all services supplied by the workforce on the subcontinent from around the world decreases as a result of increasing costs and nominally increasing productivity.
Will the slow-down in the outsourcing industry transition seamlessly into the rise of India-to-India business? Hardly. It’ll be a rough shift, for sure. The market comprised of tech giants like Infosys and Wipro will not experience a leisurely move into middle and old age. But might things work out okay in the end? It’s not out of the realm of possibility. It would be quite unlikely to find India exhaust itself of this IT boom its endured for so many years already. India still has a long way to go before the fuel supply isn’t enough to sustain the fire, so to speak.
In all, I imagine outsourcing will not go away for a good number more years. It has numerous benefits for many corporations placed elsewhere. We should count on all excess weight in the outsourcing sector to be moved into other areas, absolutely. There’s no question that outsourcing will peak. Whether it will chart a significant decline in the short term, however, is something I happen to remain very skeptical about.
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| | For you information - With Increasing Globalization Of Outsourcing Companies, The Distinction Between Outsourcing And Offshoring Will Become Less Clear Over Time. This Is Evident In The Increasing Presence Of Indian Outsourcing Companies In The United States And United Kingdom |
| Indian IT: Outsourcing To Decline? - In a piece published Friday in Forbes, Sramana Mitra documented the numerical reasons why India’s outsourcing industry - commanded by corporations like Infosys and Wipro - is bound to decline. And maybe even die, if the current hiring binge, the steady increase in industry wages, and the demand for any and all services supplied by the workforce on the subcontinent from around the world decreases as a result of increasing costs and nominally increasing productivity.
Indian IT: Outsourcing To Decline?
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Indian IT: Outsourcing To Decline?
March 1st, 2008 | by Paul Glazowski Comments
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