In a study conducted by Nasscom and Booz Allen Hamilton, it has been pointed out that a $40 billion opportunity from the off-shoring of engineering services is awaiting Indian IT industry by 2020. Global spending on engineering services is expected to increase from $750 billion in 2004 to $1.1. trillion in the next fourteen years. According to B. Ramalinga Raju, “All important stakeholders including government, academic institutions and service providers will need to undertake a series of important measures.” Companies must develop on the “engineered in India” brand, make investments in infrastructure, workforce & expertise. Satyam is placed at ease with over 100 off-shore development centres in over 53 countries and across 6 continents. A total of 6% of its revenues come from the engineering services. Satyam now aims to significantly ramp up its headcount in China, where the company sees tremendous scope for growth in the engineering services arena.
For complete IIPM article click here
Source:- IIPM Editorial, 2006
For complete IIPM article click here
Source:- IIPM Editorial, 2006
Editor:- Prof. Arindam chaudhuri
