According to independent experts, as well as the largest Indian autsorserov, next year the attractiveness of the Indian outsourcing will be significantly diminished due to rising prices in India. Specialists say that labor costs in the country are already actively growing, but in 2008 only accelerated the process, in addition to India significantly increasing the value of land and real estate, which also affects the final price of services. All these factors make the world's largest companies to revise their business plans for India.
The publication of Financial Times writes that international companies view India as one of the most significant areas of outsourcing, but competition in the market will soon force them to reconsider their priorities.
According to Vineta Nayar, executive director of the largest Indian autsorsera Tech Mahindra, over the past year rate of Indian rupee rose against the dollar by 12% and this has had a devastating impact on the development of Indian industry. "All developing sector in the country were faced with the problem of the local currency," - he said.
So far, Indian companies, particularly those employed in high-tech fields, vystavlyut accounts in dollars, despite the fact that then translate their revenues in rupiah, but the growing rate forces them to raise the dollar prices and the resulting profit companies have not increased.
Financial Times notes that in 2007 due to severe optimize spending large Indian autsorsery such as Infosys Technologies and Tata Consultancy Services, have been able to maintain profits, but in 2008, companies will have to raise prices or lose profits that conditions are already not very profitable Business impossible.
According to analysts, global brands in 2008 will be forced to seek new avenues for obtaining the maximum cost of cheap products and services. And those lines are - Brazil, Vietnam and China. However, according to the company Gartner, today 28% of the world's labor force IT market focus is in India.