outsourcing

Blair allays India's fears about outsourcing

Filed in archive Outsourcing News on September 9, 2005

BlogPicture

The European Union has called on India to open up its economy for attracting FDI in core sectors worth $150 billion. This move has been sought by Indian Prime Minister Manmohan Singh for 10 years.

At the India-EU Business Summit in New Delhi, President of the European Council and Prime Minister of Britain Tony Blair said, "The future clearly belongs to opening up of the economies. Globalization is not a matter of debate, it is a reality."

Blair also dispelled fears about job losses in developed countries due to outsourcing. He said that the outsourcing of business processes actually boosted the profits of local business houses. Blair added that outsourcing was here to stay, as it helped economies of the developed countries.

Image Source: www.ficci.com





Permalink: Blair allays India's fears about outsourcing

Tags: outsourcing  eu  india  blair  fears  allays+india  blair+allays  india+fears 

Vote for Blair allays India's fears about outsourcing:

  • Currently 10.00/10
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Rating: 10.00 out of 1 vote(s) cast.
 
Share It
Most Popular   Basics   Believe It or Not   Best of   Best Practice   Did you know   Information about   Intelligence   Misc   Opinions & Insights   Outsourcing Advisors   Outsourcing Issues   Outsourcing News   Outsourcing Pros and Cons   Outsourcing Suppliers   Quick introduction   Resources   The Lighter Side of Outsourcing