| As market research firm Gartner, Inc. puts it a labour | | | | what are the reasons for this sudden change of heart. |
| crisis and wage hikes could disconnect India (quite | | | | The one reason that American companies have this |
| literally) off, from 45% of its “Outsource India” | | | | feeling is that they anticipate wage inflation that may |
| crowd. Even Indian economic experts are now | | | | be passed on to the consumer. In 2003, wage rates |
| accepting the fact that India’s BPO industry, its | | | | for a typical call centre employee, were 5000 to 6000 |
| industrial magic lamp for the time being, is encountering | | | | rupees monthly. Now it’s up to Rs.9000. |
| a big problem. India’s recent upsurge in BPO growth | | | | This is a critical time for Outsource India Inc. It must |
| could be thwarted by these “challenges” as | | | | keep these wage hikes in check. If they do continue to |
| Kiran Karnick of NASSCOM (National Association of | | | | occur, Sujay Chohan anticipates that Outsource India |
| Software and Services Companies) put across while | | | | Inc. will be out. He also says that Ireland made similar |
| speaking in an interview with CNN/Money. | | | | mistakes 10 years prior and that India could learn from |
| But Gartner, Inc.’s research goes further; it cautions | | | | them. The problem isn’t IT outsourcing, Chohan said, |
| the Indian BPO industry of possible future competitors. | | | | as the Indians are dominating in that respect due to |
| The Philippines, Malaysia, Vietnam and some countries | | | | their skill and low costs, but other less skilled BPO |
| in Eastern Europe to name a few are he potential | | | | positions could pose a threat to the overall health of |
| predatory of that number one spot in the offshore | | | | India’s BPO sector. But some business analysts |
| BPO industry, currently occupied by “Outsource | | | | have apparently stepped up to the plate offering |
| India Inc.” By the way, the American and other | | | | solutions. Mastek chairman ( Mastek does IT and BPO |
| international companies do outsource to India for two | | | | offshore, bringing in $130 million annually.), Ashank Desai |
| reasons: | | | | believes that one way to maintain market share would |
| Relatively low wages (I.e. it keeps their labour costs | | | | be to better the services that are supplied from run of |
| down) | | | | the mill back office procedures to more complicated |
| The constant reliable supply of English speaking | | | | ones, hence creating a sense of indispensability. For |
| graduates who are willing and ready for the job (2.5 | | | | example, reprogram IT used for handling insurance |
| million annually!) | | | | claims for greater efficiency and therefore they are |
| But, “India can’t afford to rest on its laurels” | | | | more efficiently processed for clients. Chohan also |
| Sujay Chohan said. VP of Gartner Inc. and co-author | | | | mentioned that Indian dependence on the US business |
| of their report, he is also head of research of Offshore | | | | outsourcing puts it in a weak bargaining position. It could |
| BPO with Gartner, New Delhi. India must create a long | | | | strengthen itself by expanding into Europe and other |
| term plan to improve conditions, infrastructure and | | | | non-English speaking regions. |
| maintain a growth of skilled labor, unless it wishes to | | | | Whatever the time constraint, India has to take action |
| see perfectly good cash flutter away to Malaysia and | | | | sooner rather than later before its horrendous |
| the others. "Although India's infrastructure is improving, it | | | | predicted 40% demise in market share. The |
| is not keeping pace with the rapid growth of the | | | | competitors for India’s leading status in the global |
| industry,” says the Gartner report. The most | | | | BPO industry are many and that situation now |
| shocking revelation of the report is this: India’s | | | | balances precariously in India’s hands. The Indian |
| Market share (85%) could drop to less than 45%.But | | | | BPO sector must now act fast to secure this position. |