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...banks and other companies that have traditionally outsourced computer programming and other work to Indian firms. But jaunts to the industrialized world may no longer be sufficient to keep his Mumbai-based firm growing at top speed. So Chandrasekaran is also venturing to locales Indian techies in the past rarely considered worth the cost of a plane ticket. He has already stopped in Beijing and Singapore, and early in 2010, he'll head to Montevideo, São Paulo, Mexico City and the Middle East. "You need to make sure that you're more focused on growth everywhere," he says...
...NASSCOM's Gupta calls the crisis an "inflexion point" that has jarred Bangalore into moving more quickly into markets with higher potential for economic growth. K.R. Lakshminarayana, chief strategy officer at Wipro, says that, with the West mired in "an economic reboot," his company has over the past two years opened operations centers in China, Egypt and the Philippines, while expanding others in Brazil and Romania. These markets, he says, will help Wipro achieve its primary goal: "the maintenance of velocity." (Read "Stressed Out in India's Tech Capital...
...Tapping these more dynamic economies won't be easy, however. The very different demands encountered in the developing world are forcing an overhaul of the way India's IT firms conduct business. Their goal for the past 30 years has been to woo clients outside India, but to transfer as much of the actual work as possible back home, where lower wages for highly skilled programmers allowed them to offer significant cost savings. With costs in other emerging economies equally low, India firms can't compete on price alone. Emerging markets also require that services be offered in languages other...
...quintuple its staff to 5,000 over the next five years. "These emerging countries are now beginning to see the value of outsourcing," says Martha Bejar, Wipro's president of global sales and operations. If so, the future of India's outsourcing sector could prove as bright as its past...
...recent times military operations by the British and Soviets in Afghanistan did not end well. It looks as if the U.S. and NATO have not learned from the past. America is fighting for security and a united world, an aim that will only lead to further security in airports. Tristan Meillard Rennes, France...