November 2, 2004
OUTOUTSOURCING:
Indian outsourcing firms outsource jobs to China (Saritha Rai, 11/02/04, New York Times)
When Infosys Technologies began scouting for an alternative to India as a source of unlimited, low-cost human resources, the fast-growing company came up with one answer: its home country's archrival, China.Posted by Orrin Judd at November 2, 2004 1:39 PMNow, a year after the Infosys Technologies (Shanghai) was set up, the venture center has 200 employees and four multinational customers.
Infosys, the Bangalore software-services company, and other top Indian outsourcing rivals, including Tata Consultancy Services and Wipro Technologies, are doing application development and maintenance work in China as they grow rapidly to keep up with booming demand from the West for their services.
Comments
A race to the bottom that will benefit almost everyone in the world, including most Americans.
Posted by: Michael Herdegen at November 3, 2004 6:29 AM