Outsourcing to India to grow by 30% in ’04: Giga

Offshore outsourcing to India will grow by at least 30 per cent during 2004 on the back of increased offshoring by bigwigs like IBM, EDS and Accenture, according to IT research firm Giga. ‘‘Offshore outsourcing to India will grow by minimum 30 per cent during 2004 as global outsourcing and consulting firms like IBM, EDS and Accenture will continue to increase their presence in India’’, Giga said in its ‘IT Trends 2004: Offshore Outsourcing’ report. ‘‘India will continue to dominate as the preferred offshore country and Indian vendors will retain their leadership in the outsourcing marketplace’’, Giga said. India will remain the best option for North American companies during 2004. But Indian vendors will continue to develop facilities in other low-cost nations like China and eastern Europe, it said. (PTI)