• Follow
   

Outsourcing: Beginning or end?

Submited by- ruchii.kumar on 01 Jun, 2011    Career

Rate It
  Avg. Rating (0/5)793 Reads
Be the first one to Like this post Like It (0)

Outsourcing has been the success mantra for many, the last few years! Where is this industry heading? What are the fall outs of this industry? How has it affected the lives of Indians? Most importantly, is this the beginning or the end of this industry? These are the questions that rage in my mind, even though I have been part of this industry for the last 5 years.

The IT industry employs close to 4.5 million people in India. It contributes almost 35 of Indias foreign exchange revenue. The industry pundits predict that this industry is poised to grow further as the years go by. The Indian IT industry has flowered to offer a spectrum of services
Most of the 4 million people that the industry employs have now "arrived." They have breezed through the milestones that their fathers had to toil all their lives to reach. Their immediate ambition seems to be to own a car, a watch, a DVD player, white goods for the home, and yes, their own home! Has working in an outsourcing industry become a means to their end? Have they become too complacent?

Should the outsourcing companies start diversifying their portfolio? Move from plain body-shopping and technology competence? India seems to be losing the edge they once had and if companies dont think ahead, I feel the death of Indian outsourcing isnt too far away!

Be the first one to Like this post Like It (0)
Share your thoughts Share your thoughts

POLL

What's your favorite baked dish?

What\'s your favorite baked dish?
 Lasagna0% | 0 votes
 Pizza100% | 9 votes
 Pasta0% | 0 votes
 Muffins0% | 0 votes
Total Votes: 9
View all Polls

Most Active Members

KLRao 27 points
Gurgaon | India
Joined: 15 May, 2013 13 points gained today
srishti_ober 5 points
Joined: 18 May, 2013 5 points gained today
caroleslafra 1 points
Joined: 15 May, 2013 1 point gained today
Daudjusab888 1 points
Joined: 19 May, 2013 1 point gained today
vivek 19 points
Delhi | India
Joined: 11 Jul, 2012 0 point gained today

Recent Activity on SitaGita

Daudjusab888 likes an article
Is running on a treadmill better tha...
(4 Hours ago) Gains 1 point
KLRao posted a new forum thread
Practicing Kanya Danam at the time o...
(7 Hours ago) Gains 5 points
KLRao posted a new group topic
Any one2recommend food items4kidneys...
(7 Hours ago) Gains 5 points
KLRao commented on article
Anjali Gopalan - A Pioneer in the Ar...
(7 Hours ago) Gains 3 points
srishti_ober replied to the forum thread
Re: Free on-line beauty parlour cour...
(11 Hours ago) Gains 5 points

Let's Connect @ sitagita

X

Sign up for our newsletter to get latest updates from the most vibrant Indian women community. Subscribe now to get started