Outsourcing to India Creates Jobs in London as Indian IT Firms
When British Unions made off-shoring / outsourcing of British IT jobs to India a major issue of national concern, they had not taken into consideration Indian jobs that were coming to Britain as a result of the off-shoring / outsourcing trend. An interesting trend that saw many big name Indian IT companies like Infosys returning favour by setting up headquarters, creating new jobs and employment opportunities in countries that had off-shored / outsourced work, helping them grow into companies with an international presence. And, nine years ago, London benefited from having off-shored / outsourced IT work to Infosys, an Indian IT firm who set base in the capital making it the largest IT sector in Europe. Infosys, an Indian company with offices and a 37,000 strong workforce worldwide, tangible proof off-shoring / outsourcing works, benefiting all, a two-way street with many advantages.
Case studies conducted by London's official foreign investment agency confirm several Indian IT companies have invested in London by setting up offices and hiring locally. Think Infosys, a company that hires 115 full-time staff and 800-consultants on client sites throughout Great Britain. Presently, in the midst of relocating from Croydon to CanaryWharf to establish a greater presence, Infosys in London is the positive off-spin of off-shoring / outsourcing.
In 2003, BITS Infotech UK another Bangalore based company joined Infosys, came to London and set up its European headquarters on the east side with a staff of seven, and plans to expand over the coming years. Cygnus, Fusion Infotech and Intas Pharmaceuticals, all Indian companies followed suite establishing London offices and offering employment opportunities to the very British who made such a hue and cry about job loss to countries like India.
The moral of the story is: "What goes around comes around." By off-shoring / outsourcing work, helping small Indian companies to grow into international giants with a worldwide presence, the good deed has come full circle with Indian companies creating and offering employment to Americans and Europeans. No doubt, this will allay the fears and unrest about job loss as a result of off-shored / outsourced to countries like India and others.
A long-term blessing, let's roar the huzzahs roar for off-shoring / outsourcing
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