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| Indian industrialists would take up the outsourcing issue during the Indo-US Private Sector Advisory Group (PSAG) meeting here on Tuesday, Federation of Indian Chamber of Commerce and Industry president said. |
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India remains the favourite back-office of the world thanks to its "first-mover advantage" and deep skill base, as per global management consulting firm AT Kearney's ranking of the best outsourcing destinations.India continues to be the dominant player in the global outsourcing sector. However, its future will depend on how the challenges related to continued competitiveness are tackled.
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| Revenues from the information technology and business process outsourcing industry will reach USD 71.7 billion for 2011 and account for 5.8 per cent of the country's GDP, the firm said in its Technology, Media and Telecommunications Predictions for India in 2011. |
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| Information Technology (IT) companies and BPOs are witnessing large-scale attrition of talented employees, making retention of critical manpower resources a key challenge going forward, according to an industry expert |
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| Buoyed by steady recovery in demand for technology services, the Indian IT-BPO sector is estimated to have grown 19 per cent in 2010-11 to USD 76 billion in revenues, software industry body Nasscom said. |
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| Inspired and aided by India, the Ghanaian government is taking measures to make information technology (IT) a key driver of its economy and transform the country into the IT hub of West Africa. Ghana provided the infrastructure to house the computer hardware, software and other communication equipment, while India supplied the initial instructors, who helped in drawing up the curriculum. |
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