Bangalore outsourcers tries to decongest with new townships
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The Karnataka state government is trying to slow growth in Bangalore by encouraging new investors to set up their facilities in new townships.
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In San Diego, displaced employees might affect production at some of the companies you own.
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(InfoWorld) - IBM Corp. has set up a new application services facility in India's north-eastern state of West Bengal, in a city that has emerged as one of the country's key software and services hubs. The new facility is in Kolkata, the capital of West Bengal, and is equipped to have about 3,000 staff, a spokeswoman for IBM India said. She could not give a timeframe for the expansion. Kolkata has emerged as a center for IT services because of the surprisingly business-friendly policies of West Bengal's communist government. A number of multinational companies and Indian outsourcers, with bases in Bangalore, Mumbai or Delhi, have expanded to Kolkata in a bid to tap new pools of talent. IBM already has three other delivery centers in the city, and it's home to IBMâs second-largest pool of employees in India after Bangalore. The Armonk, New York, company announced in June that it isÂ investing $6 billion in IndiaÂ over the next three years. It's part of IBM's strategy to grow its presence inÂ emerging markets such as China and Brazil, because they offer vast pools of staff and also because they are attractive markets themselves. IBM had about 43,000 staff in India as of June. It has hired more staff since then for its software and business process outsourcing (BPO) operations in India, according to industry sources.
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Wages in India have risen to the point that offshoring development operations no longer makes sense for one high-tech company.
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Indian outsourcing companies that have operations in Chennai, one of the locations on the southeast coast of India that was hit by tsunamis on Sunday, have decided to stay in the city.
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Royal &amp; Sun Alliance (RSA) has become the latest company to move jobs to India. The insurance company has announced its plans to move 1,200 jobs to Bangalore during the next two years.
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Many large companies have reaped the economic benefits of outsourcing in recent years. Karim Morsli is trying to make money bringing those same advantages to small and medium-sized businesses -- while also spurring economic growth in Africa.
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Some prominent large developers and landlords are chopping up larger office spaces in their buildings into smaller ones called âprebuilds.â
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The realty space is being disrupted.
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Business & money: Change of emphasis to property development provokes outrage.
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In India, builders who raze slums and use part of the land to build houses for the former residents are then allowed to build lucrative towers on the rest of the land.
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Indian outsourcing companies are hiring workers and opening offices in other developing countries.
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Businesses, farmers and drivers in India enraged by plans for 'world-class' city by 2010
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By Mike Joseph, The Centre Daily Times, State College, Pa.  Dec. 11--BENNER TOWNSHIP -- The size and makeup of the crowd jammed into Benner Township's remote municipal building last Thursday reflected the new importance that's fallen to the land here.
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Outsourcing executives are worried that recent security breaches are damaging IndiaÂs reputation as a high-skilled, low-cost location.
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BANGALORE, INDIA - India's software services and business process outsourcing (BPO) industries could face a shortage of skilled workers in the coming years, according to the National Association of Software and Service Companies (NASSCOM) in Delhi.
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The company is fumbling in its attempts to move to a new business model.