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An AT Kearney study predicted a continued
9% growth in Business Process
Outsourcing (BPO) and 47% growth in
outsourcing netting an estimated USD
28 billion and said India will reap
most of this business. It further
predicted that while other low-cost
competitors such as China, the
Philippines, and Malaysia may emerge
in the next 3 years, India is likely
to corner most of this market.
Benchmarking three parameters such as financial
costs, people skills and availability,
and business environment, the survey
found Chennai to rank way above
competitors such as Bangalore,
Hyderabad, NCR, Mumbai, Kolkata, Pune,
Kochi, and Jaipur. Thanks to crumbling
infrastructure from political apathy,
so-called Information Technology
capital of India has been dethroned
and is no longer the most attractive.
Hyderabad, benefiting from many years
of investment by former Chief Minister
Chandrababu Naidu is the runner-up. |