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| IT-enabled services and global companies from diverse business domains conitue to create demand for setting up their back offices and delivery centers. We examine the current activity, rates and availlability of space. We also present data on Tier II cities which have witnessed considerable activity over the last year. |
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| Amardeep looks at Special Economic Zone (SEZ) which contiues to grab head;ines in India. Both foreign and domestic invetsors have show huge interest in SEZ. Idea behind SEZs is to improve direct foreign investmnets (FDI) and exports by creating geographical regions that have economic laws that are more liberal than a country's typical economic laws. |
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| Software companies are in a dilemma whether they should locate new units within an STPI or an SEZ. Companies in the IT industry currently enjoy tax benefits within the Software Technology Parks of India scheme, which ends with 2009. |
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| India now has 4000+ vendors of all sizes providing services from IT outsourcing, BPO, KPO, FAO, LPO among other outsourcing services. How does a client pick the right partner? Does the client need to rely on personal visits? The Vendor Verification Program (VVP) offered by consultants and rating companies is one way to evalute vendors. Sourabh exmaines VVP and explains PCG evaluation framework. |
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| A foreign company can begin operations in India by incorporating a company under the Indian Companies Act, 1956. There are two ways to do this: As an Indian company or As a foreign company. |
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| On April 2006, the IT-enabled sector in India had their first warning note. Three former workers of Msource – Mphasis BFL’s BPO wing – were arrested in Pune. Their crime was what soon had everyone in the industry and, more importantly their paymasters, taking note. The employees had allegedly stolen over $350,000 from four Citibank customers. |
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India: An Outsourcing Power House
- 1.5 million strong IT and ITES workforce
- India’s commands a 70% share in $70 billion global offshore services market
- 250 universities and 1,500 research institutions
- 40,000 engineering graduates every year
- Hundreds of capable service providers
- Extensive use of Quality Methodologies such as CMM, ISO and COPAC
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