The challenge for India is to move up its value chain further

Financial Express
For Raymond Spencer, the co-founder, Chairman and Chief Executive Officer of the over $185-million financial services major Kanbay International, India will and continue to be the best bet for overall offshore outsourcing across the globe. According to Mr Spencer, though the slow, but steady emergence of countries like China in mainstream offshore outsourcing is happening, India is a long way ahead and continues to grow fast as large global players want to take advantage of Indian offshore models with their own operations coupled with the Indian players’ capabilities to move up the value chain quickly. more...