Business Services Industry

DIASPORA HELPS INDIA RETAIN EDGE IN OUTSOURCING: WORLD BANK.

AsiaPulse News, October, 2004

NEW DELHI, Oct 1 Asia Pulse - Growing influence and expertise of diaspora in US, UK and Canada will help India retain its edge and move up the value chain in outsourcing as other countries try to catch up with it in other parameters, a study by World Bank Institute has said.

"Riding the wave of growing reputation and visibility of Indians in the IT sector, many well-placed senior executives (of Indian origin) in big corporations who had moved to these countries in 1960s influenced outsourcing-related decisions in India's favour. As the networking and mentoring role of diaspora increases India will continue to retain the edge in outsourcing," the study said.

"The crucial role performed by the Indian expat community was to convince the large global...

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