India loses appeal as labour costs rise

[ankitsagwekar]

From *www.itwire.com.au/content/view/5798/53/

Jim Sanderson, vice president and chairman of enterprise applications vendor, Lawson Software, says India has become a too high cost location to set up an offshore development center. That's why Lawson chose the Philippines

 

[gxsaurav]

obviously, as soon as more jobs come in a country, the standard of living of the citizens who work for these MNC companies, increases, who then demand better wager...resulting in higher cost for the parent company

& soon Philippines will be the same, in 10 years the cost of living will increase there too, & these companies will again move somewhere else, I wonder where, lolzzz maybe Mars

 

[rounit]

indeed man

 

[jz2linkinpark]

well every dog has their day....

 

[thunderbird.117]

India is loosing lot of potential. The price are so much. That hardly any company like to come to inda due to rise. China is cheaper than any country.

 

[ruthless]

I think Apple Has Left India

 

[Sykora]

It's a sound business principle, though it may not be good for Indians in general.

 

[harmax]

If the african countries can get their act together, who knows africa may also become a hot outsourcing destination.

no way ..........salaries for professionals in africa is very very high

eg a comp science fresher here in india gets only 2 to 2.5 lac whereas in africa it is sumthing lik 6 lacs in there ( forget grads frm nit,iit)

SOURCE : my african college mates, my uncle who worked there as a chartered accountant