Skyline Global Outsourcing Update

In a move that could upset the Indian outsourcing industry's robust growth so far, China has announced operating tax exemption for its outsourcing businesses till 2013. The exemption, which will benefit Chinese companies in 21 cities, is in line with China's aggressive campaign to emerge as the top outsourcing destination in Asia. India's IT related outsourcing services — a sunshine industry — can no longer take comfort in the logic of economic competitiveness. Apart from a rising China, the sector is also looking at rising protectionism in its primary client destination, the US.

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The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBA institutes in Delhi, Gurgaon (NCR).