India Aims to Double Revenue From Infrastructure Management Services
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India is targeting a larger share of the market for remote infrastructure management services, and is planning to more than double revenue from these services to $15 billion by 2013.
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Indian officials today disclosed details on revenues from IT outsourcing for the last year.
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A UK company is formed specifically to help more businesses outsource their operations to India.
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India PM Manmohan Singh announces projects worth over $2bn for the remote north-eastern state of Arunachal Pradesh during a rare visit.
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Company's infrastructure software will be optimized to promote services-oriented architectures.
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India&#39;s business process outsourcing companies could attain revenues of up to $50 billion by 2012, but the industry will need greater investments in education and infrastructure by the government, according to a new report released Tuesday.At its current growth rate, India&#8217;s $11 billion BPO industry will reach about $30 billion by 2012, said the joint report, published by consultancy firm Everest Group and India&#8217;s National Association of Software and Services Companies (Nasscom).If the industry reaches $50 billion in revenue, it will directly employ two million staff and provide indirect employment for two to three times more people, said Som Mittal, president of Nasscom. The industry would comprise 2.5 percent of India&#39;s GDP (gross domestic product).Mittal said India&#39;s federal and local governments would have to play a larger role in order to push revenue to $50 billion. Over the last 10 years, the industry has done much on its own, such as building power generation facilities and providing training to staff, but could use more government support, Mittal said.Indian companies spend a lot on in-house training because the education system in India does not have direct links with the BPO industry, said Raman Roy, chairman and managing director of Quattro, a BPO firm.The BPO industry needs more employable graduates with skills in new areas such as analytics or the industry could face staff shortages of up to one million&#160;people for entry-level positions, Roy said.Some companies have explored setting up operations in smaller cities due to competition for staff from the retail and telecommunication areas.&#8220;We hire people from small cities, but we cannot set up operations there because the infrastructure does not exist,&#8221; Roy said. It is unfair to ask managers to move to small towns where there are no hospitals or entertainment, he added.The BPO industry now plans to set up regional hubs and develop infrastructure, including communications capabilities and staff housing. Many BPO companies now spend time and money transporting staff between cities and suburbs.The industry is also demanding that BPO companies be allowed to use the same facilities during daytime to address domestic business. India prohibits using the same facility for domestic and export business.Since nighttime operations focus on servicing foreign customers in the U.S. and Europe, using the same facilities during the day for domestic business would benefit companies, Mittal said.
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(InfoWorld) - SAP AG has doubled its customer base in India from 1,000 to 2,000 over the last one year. Markets in India and China will play a key role in its drive to sign up 100,000 customers by 2010, the company said Tuesday. The company's entire executive board, including Henning Kagermann, CEO and chairman of the executive board, is currently visiting India, reflecting the rising importance of the country to SAP as a market and a center for technology development and support services, the company said. On a previous visit to India, Kagermann had shown interest in working with Indian outsourcers both for their skills and the lower costs they offer to customers. Last year, SAP announced that it would invest US$1 billion in India by 2010, primarily in its offshore development and services and support hub in the country. SAP Labs India is currently the company's largest research and development and support operation outside Germany. While its Bangalore operations focus on product development, a new facility in Gurgaon near Delhi focuses on global service and support. The company also announced Tuesday that Indian outsourcer Wipro Ltd. will become an SAP global services partner and will establish a solutions lab in Bangalore to showcase the benefits of enterprise SOA (service-oriented architecture).
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India could use its record-high foreign exchange reserves to fund infrastructure even if it breached fiscal targets set out by law, a senior government official said on Tuesday.
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Pakistan and India agree to double the number of passenger flights between the two countries every week.
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The Hague, Nov 8 (UNI) The historic fifth India-EU Summit here today launched a strategic partnership which implies doubling trade with India by 2008 from the present level of 25 billion, stepping up investments by European companies and &#39;&#39;qualitative
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The company hopes to lure software partners by promising to save them from infrastructure headaches.
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India will allow domestic commercial  airlines to fly long haul international routes, a move it hopes will drive down prices.
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Microsoft is to form multi-million pound partnerships with two Indian software firms, and is expected to double the 1,500 people it already employs in India.
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India&#39;s business process outsourcing companies could attain revenues of up to $50 billion by 2012, but the industry will need greater investments in education and infrastructure by the government, according to a new report released Tuesday.
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The oil field contractor said second-quarter net income more than doubled on a gain from selling its government services and construction subsidiary, KBR.
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South Korean car maker Hyundai is to build a second plant in India, in an effort to increase sales in a rapidly-growing market.
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Indian outsourcing companies have to move beyond low-cost services on an hourly-rate basis to offering complete services, according to an outsourcing consultancy.