SigEx Ventures : Outsourcing to India causes concern in the USAby Corina Ciubotaru

Outsourcing to India is big business. Western companies started out by employing Indians to perform basic services, like customer support, and now commission them to do specialized scientific work like developing new drugs. And why wouldn't they? India has taken advantage of the new jobs in IT and now has huge numbers of engineers trained in this specific area, ready to take over some of the work from Western developers. Large companies such as Cisco and Citigroup already send loads of high-ranking executives to India to supervise the work. Now the US government comes into play. Some sectors requested that outsourcing be excluded from US trade policy, but they have been unsuccessful so far. This is partly because of the importance outsourcing has for the companies involved, and partly because most of the jobs done abroad can not be done in the US. Engineers are more abundant in India than in America, where young people seem to have lost interest for science. And they charge less, which is always a big selling point. India also has the advantage of language over other countries like China, as two million english speakers graduate from college every year. Indian companies like Zylog and Infosys have hundreds of specialized employees which they train constantly to handle issues from customer care to complex financial analysis. The government is making custom decisions that benefit the industry and creates tax incentives for IT companies, so this business is certainly seen as a major source of income for the state.

related story: http://www.outsource2india.com/why_india/articles/offshore_software_development.asp

by Corina Ciubotaru for SigEx Ventures (http://sigexventures.com)

SigEx Ventures's matrix of properties are quickly becoming leaders in digital telebroadcasting, free content delivery allowing people to easily talk, view, upload and share through free online TV broadcasting, free unlimited global calls, video blogs and SMS. SigEx Ventures invests in projects deploying "free" to add-on royalty revenue models