Indian Outsourcing Stocks: Beware The Stronger Rupee [View article]
And also one has to take into account rising salaries in Indian IT sector. I personally know how Accenture had to increase salary of many of its employees because of higher attrition rates. Come to Bangalore and you will find how Indian IT employee is the king these days! In some domains, Indian IT salaries stand at only half the corresponding US salaries. The only way out for IT companies might be to move up the value chain. The plain vanilla cost arbitrage might not work out that effectively.
Eleven Indian Stocks to Watch [View article]
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Eleven Indian Stocks to Watch [View article]
sagecapital.wordpress..../
Indian Outsourcing Stocks: Beware The Stronger Rupee [View article]
Come to Bangalore and you will find how Indian IT employee is the king these days! In some domains, Indian IT salaries stand at only half the corresponding US salaries.
The only way out for IT companies might be to move up the value chain. The plain vanilla cost arbitrage might not work out that effectively.