| As market research firm Gartner, Inc. puts it a labour | | | | change of heart. The one reason that American |
| crisis and wage hikes could disconnect India (quite | | | | companies have this feeling is that they anticipate |
| literally) off, from 45% of its "Outsource India" | | | | wage inflation that may be passed on to the |
| crowd. Even Indian economic experts are now | | | | consumer. In 2003, wage rates for a typical call |
| accepting the fact that India's BPO industry, its | | | | centre employee, were 5000 to 6000 rupees |
| industrial magic lamp for the time being, is | | | | monthly. Now it's up to Rs.9000. |
| encountering a big problem. India's recent upsurge in | | | | This is a critical time for Outsource India Inc. It must |
| BPO growth could be thwarted by these "challenges" | | | | keep these wage hikes in check. If they do continue |
| as Kiran Karnick of NASSCOM (National Association of | | | | to occur, Sujay Chohan anticipates that Outsource |
| Software and Services Companies) put across while | | | | India Inc. will be out. He also says that Ireland made |
| speaking in an interview with CNN/Money. | | | | similar mistakes 10 years prior and that India could |
| But Gartner, Inc.'s research goes further; it cautions | | | | learn from them. The problem isn't IT outsourcing, |
| the Indian BPO industry of possible future | | | | Chohan said, as the Indians are dominating in that |
| competitors. The Philippines, Malaysia, Vietnam and | | | | respect due to their skill and low costs, but other less |
| some countries in Eastern Europe to name a few are | | | | skilled BPO positions could pose a threat to the |
| he potential predatory of that number one spot in | | | | overall health of India's BPO sector. But some |
| the offshore BPO industry, currently occupied by | | | | business analysts have apparently stepped up to the |
| "Outsource India Inc." By the way, the American and | | | | plate offering solutions. Mastek chairman ( Mastek |
| other international companies do outsource to India | | | | does IT and BPO offshore, bringing in $130 million |
| for two reasons: | | | | annually.), Ashank Desai believes that one way to |
| Relatively low wages (I.e. it keeps their labour costs | | | | maintain market share would be to better the |
| down) | | | | services that are supplied from run of the mill back |
| The constant reliable supply of English speaking | | | | office procedures to more complicated ones, hence |
| graduates who are willing and ready for the job (2.5 | | | | creating a sense of indispensability. For example, |
| million annually!) | | | | reprogram IT used for handling insurance claims for |
| But, "India can't afford to rest on its laurels" Sujay | | | | greater efficiency and therefore they are more |
| Chohan said. VP of Gartner Inc. and co-author of | | | | efficiently processed for clients. Chohan also |
| their report, he is also head of research of Offshore | | | | mentioned that Indian dependence on the US |
| BPO with Gartner, New Delhi. India must create a | | | | business outsourcing puts it in a weak bargaining |
| long term plan to improve conditions, infrastructure | | | | position. It could strengthen itself by expanding into |
| and maintain a growth of skilled labor, unless it wishes | | | | Europe and other non-English speaking regions. |
| to see perfectly good cash flutter away to Malaysia | | | | Whatever the time constraint, India has to take |
| and the others. "Although India's infrastructure is | | | | action sooner rather than later before its horrendous |
| improving, it is not keeping pace with the rapid | | | | predicted 40% demise in market share. The |
| growth of the industry," says the Gartner report. | | | | competitors for India's leading status in the global |
| The most shocking revelation of the report is this: | | | | BPO industry are many and that situation now |
| India's Market share (85%) could drop to less than | | | | balances precariously in India's hands. The Indian BPO |
| 45%.But what are the reasons for this sudden | | | | sector must now act fast to secure this position. |