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India to keep top spot in outsourcing, says report

India will remain a dominant force in IT and business process outsourcing for two decades, while China will struggle to match its success, says an authoritative study on the fast-growing industry by the Warwick Business School in the UK.

IT outsourcing companies such as Infosys, Wipro, Genpact and Tata Consultancy Services helped power the Indian economy to 9 per cent economic growth before the global financial crisis struck last year.

Some of their top executives fear growing competition from China and are making investments in outsourcing capabilities there.

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