software outsourcing

A blog related to software development company and offshore software outsourcing

Saturday, June 04, 2005

software outsourcing to India

India has emphasized, they will want a new world trade pact which will prevent US and european countries to ban offshore software outsourcing jobs. Many different proposals in US congress in recent years have sent alarm bells in New Delhi. And to prevent this to become a law, India expects US to lock in current legislations which allow companies to move their work offshore as a part of new world trade agreement. This was mentioned by Minister of Commerce, Mr. Kamal Nath.

Mr. Nath also mentioned, "We are very concerned with the U.S. binding the current situation because all these noises just keep coming," in speech to the US-India business council. India is rapidly growing its software industry and it is a vital part of GDP. Banglore and other IT developed countries like hydrabad have became widely known in software outsourcing and other IT related services. Indian offshore service business is employing 900,000 people and it is considered that, it will double jobs by 2008. According to Mr. Nath, concerns about outsourcing are more related to emotions rather then economy. He mentioned that, US companies can lower their cost by tapping India's plentiful well educated work force.

India is also looking at short term one year visit by their professionals. This issue is very sensitive as many US law makers view it as back door immigration channel and are opposing it strongly. There are many programmers working in US with business visa under software outsourcing deal.
Software outsourcing India - Tatvasoft