Outsourcing to India has been an explosion of industry for the country in the last few years. With the main resource for clients coming from the US. The growth of the economy has been on track for the last few years as well at a steady 9% increase every year. Well the slow down in the US economy is starting to see some trickel down effects in India now especially in their outsourcing industry.
It’s funny that in a slowed down economy that there would actually be a slow down in companies looking to outsource their resources. Whenever I have thought about or heard about a company outsourcing their resources to another country it was in order for them to save money in difficult financial times. Unless it is just a case of less companies that are in business to actually outsource a business for.
It’s not all bad news on the outsourcing news front (more…)