While offshore manufacturing is increasingly common, service industries can also benefit from offshore outsourcing. In some instances, cost is reduced while customer service has improved. Still there are challenges in the transition.
The main obstacles that need to be addressed revolve around language and communication, expectations of contracted work, and cultural differences. For purposes of this [...]

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Nowadays, I am being asked this question with some regularity — “Salaries are raising fast in India; does India still make sense as the outsourcing destination?”
Current Indian salaries for developers are in the range of US$15K to $20K. Silicon Valley salaries for similar skills are in the range of $60K to $90K. When you add [...]

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KPMG pharma has recently come to a conclusion that Indian pharma industry is all set to become a regional hub for R & D, manufacturing & exports within next ten years.
By 2008, the $100 million worth India’s clinical research industry is expected to touch 1 billion. The figure is estimated as per the current annual [...]

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Pondicherry is no logger a hot spot for PC making. It has now been a thought of past that Pondicherry is the most attractive destination for setting up a PC making unit for both Indian & multinational manufacturers.
Currently, Pondicherry has already many units such as Lenovo, Acer, HP, HC and many others.
Recently, the government has [...]

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Sebastian, Vivendi minority investor formally announced that it was no longer in talking terms with the French telecom & media conglomerate about a takeover that could have led to breaking up the company.
Last month, the formal bid of more than €40 billion from Sebastian was rejected & criticized by Vivendi. This resulted into raised pressure [...]

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Motorola has endorsed its plans to develop a manufacturing facility in the 300-acre Hi-Tech zone. The Tamil Nadu government beyond Sriperumbudur near Chennai is promoting this Hi-Tech zone.
The initial investment for the whole project would be around $30 million and this would be hiked up further in several phases to a total of $100 million.
The [...]

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Canaan partners, a US-based VC firm, is now venturing in to India through the $450 million global fund raised last year. There has been a trend of many VC funds entering India in the last couple of years.
Canaan partners have roped in Alok Mittal from Barings private equity partners India. Alok Mittal is an IIT [...]

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Indian BPOs have been successful in making its mark in global industry. This however has not made them speak to French clients in their native language. This may be one of the reasons that Indian BPOs have started establishing centers in East Europe. Here the outsourcing market is picking up faster. BPO giants such as [...]

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IBM is India home for thirteen percent of its global employees. A thunderous round of applause was the overwhelming reaction of the 10, 000 IBMers who met chairman & CEO SAM J Palmisano and heard him endorsing the limitless career opportunities in the world’s largest services company.
Working in IBM for most employees is seen as [...]

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Wockhardt has signed an in-licensing agreement with LSI, a UK-based company specializing in dermatology, to market Vitix, a patented product for the treatment of vitiligo, a pigmentation disorder.
The company has planned to expand its portfolio in cardiology, diabetology & dermatology by introducing new proved products.
Vitix, a gel for topical application, will be manufactured by Wockhardt [...]

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