Outsourcing Blog June Archive

Slowdown expected in India

By Website Introductions at 06/11/08 07:50

The IT and BPO industries of India are expected to slow down by 3 to 4 percent, says the National Association of Software and Services Companies (NASSCOM).

Among the reasons given for this slower growth is the continued economic crisis in the United States resulting to a fluctuating dollar and general uncertainty in the global market. Furthermore, fierce competition with its neighboring countries also slows the growth of Indian IT and BPO industry.

Link: NASSCOM predicts 3-4% slowdown in IT and BPO sectors