Should India be able to decouple itself from US Subprime Impact?

Monday, September 24, 2007

IT cos look at global services delivery model to fight rising Re

NEW DELHI: Migrating to a global services delivery model for IT companies has become inevitable now - especially since the rupee is appreciating at a rate of 3% every four weeks for the last two months.
While IT exporters cry foul, importers of PC products are making merry. Hopefully, the latter will transfer the benefits to consumers.
However, the rupee appreciation has left the exporters of IT and BPO services quite worried. While they don’t see the quantum of work coming to India declining, a strengthening rupee will definitely erode margins.

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