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Updated on April 18, 2005 |
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Many Faces of Outsourcing
India's outsourcing tigers seek cover, markets in East Europe
India’s outsourcing firms have a new target: Europe’s expanding eastern rim, according to The Wall Street Journal.
But rather than trigger a new outcry, the low-profileng of offices mainly in the Czech Republic, Hungary and Poland will help quell concerns increasingly voiced by Western European and U.S. politicians. “Indian outsourcing companies need a presence in Europe to make their big clients comfortable,” says Sunil Mehta, vice president of India’s National Association of Software and Service Companies, or Nasscom.
Satyam Computer Services Ltd. plans to start a software development center in the Czech Republic, Hungary or Poland later this year. Tata Consultancy Services Ltd., software arm of one of India’s biggest conglomerates, the Tata group, was among the first to gain a toehold in the region last year when it set up a software development center employing 160 engineers in Budapest. The center serves TCS clients in the E.U., the Journal reported. Progeon Ltd., the back-office services arm of software major Infosys Technologies Ltd., plans toits first overseas arm in the Czech Republic by the third quarter of this year.
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