Recession and Indian IT services industry

1. Mark (name changed) wanted to outsource some of his development work. A typical outsourcing process starts with bidding, where companies from different cheaper countries including India would bid for projects. He asks one of his manager (An Indian abroad), to take a look at the different bids and choose the cheapest one. After looking at the bids, our Desi manager goes speechless!
   
   The bids received from Indian companies are almost equal to hiring a team abroad and getting the work done! getting the similar work done from countries like Brazil and Mexico is so cheap that they are ... (Read Full Article)
   
   

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