Indian outsourcing market is set to suffer due to high increase of labor cost. Skills shortage and rising labor cost of India’s talents is driving away most of the big IT players towards East European countries and china to find out cost reduction. India is no longer able to give cost cut to these big IT players.
Many companies who were opened their offshore center in last few years here in India are planning to move somewhere else or in process of moving out because high cost of Indian Labor Market.
Emerging nations like Morocco, Hungry and other SE nations will eat major chunk of Indian IT outsourcing market share if we still not sit down, do some brain stormy thinking and make workable long term strategy to keep this industry at par.
We desperately need that our government should sit down with outsourcing and off shoring corporate leaders to identify specific skills required for the industry, current market trend and how we can reduce the cost of products and solution without hurting the cost of labor market and in future how we can control labor rising cost. Government should also try to find out the way to decrease taxes to keep this industry growth for at least next decade.
Outsourcing industry gives India billions of Dollars every year; this is the main factor that our economy is growing so fast. If we don’t do major brain stormy session now and don’t come up with some long term strategy for this industry then be prepared for sorry state.
We are heading to lose our greatest strength – low-cost labor – Act Now or for sure be ready for sorry state !!
India no longer top outsourcing destination?
ndia’s dominance as a low-cost outsourcing destination seems to be on the decline, with countries like China, Morocco and Hungary fast emerging as the preferred choices by IT services providers, a recent study says.
Focused on UK’s top IT service providers, a study by Pierre Audoin Consultants (PAC) showed that China, Morocco and Hungary are the new locations of choice to set up offshore sourcing centres.
Fan of the Great Beatles! Wants to Learn to Play Guitar Step-By-Step Like “Revolution,” “A Hard Day’s Night” or other mega hits of Beatles group and that also for Free and at home ? Then I got good news for you people and to all Beatles fans, Giles Martin, the Grammy Award-winning producer has recently launched a website called to iVideosongs.com to teach guitar online. Interested then do visit and also let me know about it, probably when I will get bit more free time I will have a look…..
To Read More About This Story Please Click Below: Via Timesofindia.com
NEW YORK: Beatles fans struggling to learn to play guitar on “Revolution,” “A Hard Day’s Night” or other mega hits can now find assistance on the Web, while saving big bucks on private lessons.
Giles Martin, the Grammy Award-winning producer of the band’s “Love” album, has teamed with a new site called iVideosongs to create teaching videos in the Web.
Sorry for long vacation from blogging and of course from Ekawaaz. There have been several reasons behind this vacation and some of the reasons I can share here and I will be sharing in coming day’s time. I know I was away from blogging network for more than year but believe me last year was real hectic one for me, been traveling and working hard to figure out few things on personal as well as on professional level. Now I am making a comeback so I promise you all that I will try to post at least 2-3 post a week as if now I am more mobile due to nature of work so won’t be able to get much time for blogs and writing about my thoughts even if I want to but surely I will do my best to keep posting at least 2-3 post a week and for sure will be keep visiting some old friends blogs. I just hope they all are still blogging and keeping a good health and Big Thanks to all of you who has dropped comments, send me a email asking about my well being. I don’t have words to express my feelings so all I can say to a Big Thank You, thank you all….