Skyline Global Outsourcing Update

Of late if you have been listening to the US President Barack Obama’s take on the outsourcing industry, you must be wondering where does India stand in such a scenario. Is the honeymoon period over for the $50-billion offshoring industry in India? The answer to that might not be simple at this point, but industry experts feel all is not lost though, and India still has a strong story ahead. Recently the protectionist measures taken by the US government with regard to outsourcing has raised uncertainty about India’s future as the leading outsourcing destination globally. But, industry is optimistic that the economic viability and business imperatives of outsourcing are compelling and present a reasonably strong case for India.

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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).

Bharti Airtel Ltd. is to outsource the management of its Service Provider Information Technology (SPIT) systems in Africa to IBM Corp. (NYSE: IBM) in a 10-year deal that highlights the increasingly critical role that managed services are playing in modern telecom services strategies. Bharti Airtel has successfully, and profitably, built its domestic business to become the leading mobile operator in India, where IBM has been one of its key outsourcing partners since 2004. At the end of July, Bharti Airtel had 139.2 million mobile customers in India.

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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).

Commerce Minister Anand Sharma will raise the outsourcing ban and visa fee hike issues at his meetings with US officials and lawmakers during his visit to Chicago and Washington Sep 20-23. During the visit, Sharma is scheduled to meet US Trade Representative Ron Kirk and interact with a host of top business heads in America. Sharma's visit will prepare the ground for US President Barack Obama's visit to India in November. The increase in visa fee is estimated to put an additional burden of $250 million annually on Indian IT firms. The US government has increased visa fee by $2,000 for certain H-1B visas and $2,250 for L-1A and L-1B visas. In yet another protectionist approach, the US state of Ohio recently banned offshore outsourcing by government departments. The Indian commerce minister has termed the US move "regressive" that would prove counterproductive and might affect the recovery of the global economy.

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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).