Samsung & LG Join Indian Outsourcing Bandwagon

March 9th, 2009 With a global trend of dumping the CRT TVs, India is of no exception to the trend with the market of LCD TVs growing nearly at a rate of 100% per year. According to Display Search analysis the LCD TV market of India will surpass the CRT TV market by 2012.

December 28th, 2008 NEW DELHI - Third party logistics outsourcing business in India will grow to $90 million from the present $58 million by 2012, according to a study released Monday. Presently around 55 percent of Indian companies are outsourcing logistic services like supply chain management and warehousing, said the study by the Associated Chamber of commerce and Industry (Assocham).

January 11th, 2006 Major Indian outsourcing outfit Infosys Technologies reported on Wednesday a 31 per cent rise in its Q3 net profit, while meeting the expectations for the quarter. The company said that its net profit surged to Rs 642 crore in the quarter ended December 31, 2005, as compared to Rs 496 crore in the year-ago quarter.

February 25th, 2009 NEW DELHI - The Federation of Indian Chamber of Commerce and Industry Wednesday expressed concern over US President Barack Obama's statement on ending tax breaks for outsourcing companies, saying 'protectionist measures could deteriorate the situation further'. 'Coming at a time when the global economy is going through a phase of slowdown and when countries need to work collectively, protectionist measures of any kind could deteriorate the situation further,' FICCI said in a statement.

November 12th, 2005 Talent shortage will impede the development of China's outsourcing industry, despite the optimistic prediction on China's IT outsourcing industry in the coming ten years predicted Qu Zhonghua, a senior program manager of IBM China's Shenzhen branch, at the 11th Joint International Computer Conference (JICC 2005) held in southwest China's Chongqing Municipality. The rapid growth of the global outsourcing industry has provided opportunities for China's outsourcing industry in recent years, but the opportunities will not turn into successes if the country fails to provide sufficient qualified workforce, he said.

May 5th, 2009 NEW DELHI - India Inc believes the move by the Barack Obama administration to reduce tax breaks for US firms that ship jobs overseas will hit American companies more than impact on the Indian outsourcing industry. 'It's a more US-US issue rather than one aimed at stopping outsourcing, or off-shoring, or anything to do with India,' said Som Mittal, president of the National Association of Software and Service Companies (Nasscom), a representative boddy for the industry.

December 14th, 2007 I just came back from a semi-traditional Indian wedding. It was an interesting experience.

February 21st, 2006 Industry experts at the meeting of Nasscom, India’s outsourcing alliance, said on Thursday that skills shortage was the biggest threat to the outsourcing industry’s blazing growth. From ground zero I am observing several interesting effects of this shortage.

April 20th, 2009 NEW DELHI - India's business process outsourcing (BPO) industry will double its revenues in less than two years despite the economic slowdown and protectionist measures of western countries, a report by analyst firm Gartner said Monday. The top 20 India-centric BPO service providers accounted for $4 billion in revenue in 2008, representing 5 percent of the $80-billion revenue of the top 150 BPO companies in the world.

February 25th, 2009 US president Barack Obama has bad news for Indian IT and BPO industry. Its as simple as that.

March 17th, 2006 Google appeared with a new look today for Indians (google.co.in). It sports a three column look with flexible center content column.

January 10th, 2007 Beginning in early 2007, selected Samsung phones are being provided with a range of Google products and services aimed to "create a more dynamic user experience", including: Google search: Samsung handsets will include a GoogleTM icon in the application menu, providing users with one-click access to search Google Maps for mobile: Google Maps for mobile allows users to view maps and satellite imagery, find local businesses, and get driving directions on the go Gmail for mobile devices, GMail customized for mobile form factor Samsung has already launched, the Ultra Edition 13.8 (SGH-Z720), its first mobile handset installed with GoogleTM mobile search and GmailTM services. The slim 3G Z720 is only 13.8mm in thinness, is HSDPA ready, and comes with a 3-megapixel camera, MP3 Player, and Bluetooth connectivity.

April 20th, 2006 The first quarter of 2006 has seen the global outsourcing industry posting a record performance. The segment saw $22.7 billion in total contract value (TCV) for contracts valued at $50 million or more, up 173% y-o-y, comprising a record number of 83 outsourcing transactions, according to TPI Index, a quarterly report on the state of the global outsourcing industry by sourcing advisory firm TPI Inc.

October 20th, 2005 Blogger Rajneesh thinks its funny to outsource homework to India. In reality homework do get outsourced to India rather frequently.

February 3rd, 2009 NEW DELHI - The Indian software and services industry is expected to grow 16 percent this fiscal and log revenues of $60 billion despite the global slowdown, a top lobby for the industry said Wednesday. The National Association of Software and Service Companies (Nasscom) said together with the business process outsourcing (BPO) sector, the revenues are expected to top $71.7 billion with a growth of 17 percent.