Friday, November 05, 2004

India Outsourcers Happy

International Herald Tribune reports outsourcing companies in India are jubilant over the re-election of President George W. Bush.

"This is great news for the offshoring industry," said Nandan Nilekani, the chief executive of Infosys Technologies, a software services company. The trend toward outsourcing will now become even more inexorable, Nilekani said.

Some executives said that offshoring would grow even more strongly with Bush's victory. "The elections are over and so is the rhetoric; it will be easier for American corporations to step out with their outsourcing plans," said Vivek Paul, the vice chairman of Wipro, who works in Mountain View, California. The company is based in Bangalore.

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