Bangalore India Travel Advisory
2010
The attacks add to the woes of the global crisis in India Outsourcers
industry 52 billion U.S. dollars of outsourcing Bangalore: India, battered by the global financial crisis that is shaking to its business customers, is facing some challenges in the short term following the Mumbai attacks that killed more than 100 people.
Industry representatives said that potential customers abroad was likely to put off planned visits to India because of the attacks, although Most software and back office services companies operating normally.
"It will certainly contribute to the interest rate for customers," said Krishnakumar Natarajan, CEO of software environment and R & D services provider MindTree Ltd
"I was waiting for some customers start visit to India in January after the end of the holiday season. This will be driven again for some time, "he said.
The software and services back office sector, which generates billions of dollars of exports, is buffeted by a global slowdown and the crisis in the financial sector, one of its major markets.
The CFO of Wipro Ltd, software services, Exporters had expected a resumption of growth in the first quarter as an outsourcing company the company plans in place, although many companies postpone decisions possible costs and adjustment.
India's large pool of workers in the Anglo-Saxon genius and lower wages have helped attract outsourcing Western companies ranging from Citigroup and Goldman Sachs, Cisco Systems Inc. and Nortel.
subcontractors in India to compete largest IT services companies like IBM and Accenture.
"We expect things to settle. It is an aberration temporary, "said TV Mohandas Pai, board member of Infosys Technologies, exports of software services.
"If the problem Notices countries, means that some travel was postponed. I think people use the technology or stop by our customers. The business will continue, "he said, He added: "We've seen terrorist attacks occur in different parts of the world. It is unfortunate that happened in Mumbai and I think that the companies hoped that the government and authorities get to the bottom of it. "
Bruce McIndoe, a security expert and president of iJET Intelligent Risk Systems Travel, a company private intelligence, said it had advised its business customers to postpone travel to Mumbai and warned of a "domino effect.
Som Mittal president of the National Association of Software and Service Companies, the software industry in India lobby First, said the companies could be more cautious but the business is maintained.
"We will not stop the slide after the attacks," he said.
In July, eight small bombs hit the city of Bangalore, which houses more than 1,500 Indian and multinational companies in software and back office. They have increased security following.
"I think now more and more customers to see what Indian companies are doing to manage risk. Will demand that their recovery plans disaster and business continuity, "said Avinash Vashistha, managing director of consultancy Tholons Inc.
"In the short term, companies will impact their clients to stay away from going to India, he said.
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