Nov 17, 2005, 12:01 AM
News ID: 8933368
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Senator :US in concern is Outsourcing Process Business

Nov 17, 2005, 12:01 AM
News ID: 8933368
Senator :US in concern is Outsourcing Process Business not is (BPO) Outsourcing Process Business -- IRNA 17, Nov Delhi, New are people as seriously it taking are citizens US but gimmick a merely of period long a having after there jobs loosing increasingly .Thursday on here Edwards John Senator US visiting said employment, under Parliamentarians Indian Young with interacting while Edwards of Industry and Commerce of Chambers Associated The of auspices the indicated Agarwal .K Anil President its by chaired (ASSOCHAM) India any of priority top the be should creation employment that as it about concerned particularly was US and administration .tolerable not is people educated among unemployment in companies outsourcing the that argument the with agreeing While by dollars eight earning and competitive more becoming are US the India, including countries other to dollar one of work the outsourcing complications more creates scenario unemployment The" said, Edwards opposing are US in people the therefore, and money making merely than ".outsourcing process business of fashion the of areas in US and India between cooperation sought Edwards as interests economic mutual of areas other and energy energy, nuclear established and democracies of history long have countries the both .system legal said observation his in Parliament of Member Young Pilot, Sachin in Pakistan keeping viewed be not should relations US and India that developed be should relationships of era new a therefore and mind and long for world the of democracies largest two the between .relationships established for need the emphasized particularly address his in Shukla Rajiv energy the that felt he as power of area in cooperation economic on resources much without manifold growing are India in requirements .part its people 1,000 of work shifts bank a if that say analysts Economic lower to due year a million 18 dlrs about save can it India to US from .India in costs cost the reduce can firms pharma US giant Mckinsey, to According 600 dlrs between at estimated currently drug, new a developing of if million 200 dlrs as much as by million 900 dlrs and million .India to outsourced is work development process business up set too have banks and airline foreign Several have to estimated are BPO from revenues Indian .India in operations employs area particular this and million 583 dlrs to percent 107 grown .2002 31, March ending year the in people 35,000 70,000 estimated An -- Services IT & (IT) Technology Information to hiring additional be will there plus 2005 in expected are jobs new .percent 25 around is that attrition industry replace to services IT-enabled for market global predicts .Co & McKinsey IT India Study McKinsey NASSCOM and 2008 by billion 140 dlrs over be 17 dlrs be will India for opportunity the that says Strategies .billion 2160-1414/2322/1
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