Tuesday, February 24

The Indian BPO : Explosions and Concerns

NASSCOM predicts explosion in BPO sector & the number of seats in Indian ITeS-BPO space is projected to increase to 2.10 lakh in March 2004 from 1.4 lakh in March 2003.

On the other hand there are concerns about the anti-india-bpo sentiments in the US. Kiran Karnik, President, National Association of Software and Service Companies (Nasscom), says, "The business impact of such a bill on the Indian IT industry will not be very significant" but others in the outsourcing and BPO business believe that it will alter the economic and political fundamentals and hurt Indo-US ties. The Pakistani Software Industry which is valued at $50 million compared to the Indian Software Industry standing at $12 billion is worried over the matter and has formed Pakistani Software Houses Association (PASHA).And PASHA wants to cooperate with the Indian software industry to counter restrictions imposed by the US.

The fun doesn't stop here in Asia, in US overwhelming majority of American voters are of the opinion that outsourcing will be an important issue in determining their vote in the November presidential elections according to a survey. One might think it is a huge blow to the upcoming developing nations, but some people are of the view that it is the - "The coming decline of America".

Even after all this hungama, McKinsey Global Institute (MGI) belives that India's grip over offshoring to stay

And last but not the least if you wanna be a part of the debate then you can also join the discussion : "IT outsourcing fears are overblown" on SIFY.

Ultimately the free market's gates get closed when developing nations rise to the shoulders of developed ones and pose competition.