President-elect Donald Trump doesn’t take office until Friday, but he is already forcing India’s mammoth $108 billion technology outsourcing industry to rethink hiring practices in the U.S., its largest market.
The move marks a change in strategy for the $150-billion Indian outsourcing industry, which until now has mostly relied on hiring large numbers of engineering graduates in India who were then posted to overseas client locations.
When Philippines President Rodrigo Duterte, the man dubbed "Trump of the East", told U.S. businesses to pack their bags if they didn't like his anti-American rhetoric, the huge and growing outsourcing industry got a little nervous.
India's IT services sector will likely grow slower than expected this financial year as local and global factors weigh on the outsourcing industry, a leading local industry lobby group said on Wednesday.
REUTERS - Accenture Plc, a provider of consulting and outsourcing services, reported a better-than-expected 7.6 percent rise in quarterly revenue as its investments to boost digital and cloud services pay off.
CGS, a US-based enterprise learning and outsourcing services firm, has expanded its operations here. The firm, which has 7,500 professionals globally, has about 100 employees in its India centres. The...
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