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Home » It Seems that Outsourcing to India by U.S. Companies Is on the Upswing

It Seems that Outsourcing to India by U.S. Companies Is on the Upswing

January 22, 2010
News Factor

India's top three outsourcing companies are ramping up hiring and increasing pay as global corporations, mainly from the U.S., send more work offshore to cut costs as they emerge from the downturn.

Tata Consultancy Services, Infosys, and Wipro expanded their global workforces by an average of 5.1 percent last quarter, together adding 16,701 employees, company documents show -- an early sign that the Great Recession may ultimately benefit India as cost-conscious companies outsource more work, just as they did after the dot-com bust.

TCS, Infosys and Wipro, whose clients include leading companies like Goldman Sachs and General Electric as well as U.S. government agencies, can do everything from call center management and claims processing to software development and consulting. All three reported strong results for the December quarter, with revenue and volume growth.

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Business Strategy Alignment Global Supply Chain Management Consumer Packaged Goods Asia Pacific
KEYWORDS Asia Pacific Business Strategy Alignment consumer packaged goods Global Supply Chain Management Supply Chain Analysis & Consulting
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