Whole Network Basics Best Practice Intelligence Outsourcing New... Outsourcing Sup... Resources The Lighter Sid...

 

Boom or Bust in Bangalore

Filed in archive Believe It or Not by Danny on August 18, 2004

Source: news.bbc.co.uk

Anyone that has followed the development of the outsourcing industry in India has heard of Bangalorelinks. Wipro and Infosys both have significant office space in the city.

Some even refer to Bangalore as the 'Silicon Valley India'.

However, the Inquirer reports that times might be turning:


Representatives from India's biggest outsourcing companies say fear they will lose customers because of the city's poor infrastructure, irregular power supply and increasing taxes. Already, according to the The Times of India, Infosys and Wipro have threatened to take their business elsewhere unless the local government pulls its finger to sort out the problem.


... and if that wasn't bad enough, the cost of doing business in this city continues to increase:

IT companies in Bangalore have seen their rents increase and local taxes skyrocket from five to 12 percent, making the cost of setting up shop there too high.






Permalink: Boom or Bust in Bangalore
Tags: outsourcing  bangalore  bust  boom  india  bust+bangalore  boom+bust  personal+finance 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/2812





RSSrss   | See all blog subscribe options
Google google   |   What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter
Grouptivity

Use the search to look for other interesting posts



 
  • Advertise with us

  • Learn more about our advertising options or email advertising - at - creative-weblogging.com or give us a call at +1 (650) 331 4900.


  • Testimonials

  • 'Great blog. Instead of useless Internet surfing, I read your blog for snapshots of recent information.'

    'I was impressed.... Keep up the good work.'

    'This blog offers a balance uptake in outsourcing'



  • Other blogs in the same channel in the Creative Weblogging Network







 

Tagcloud: Basics Believe It or Not Best Practice Intelligence Opinions & Insights Outsourcing Advisors Outsourcing Issues Outsourcing News Outsourcing Pros and Cons Outsourcing Suppliers Resources Sponsored Post The Lighter Side of Outsourcing