India’s outsourcing groups may be keeping a wary eye on China but the world’s second-largest economy does not necessarily spell doom for the subcontinent.
Tata Consultancy Services, India’s largest outsourcing services group, last month said that it would double its headcount in China, a clear signal that the Indian sector is keeping a close eye on a market that could evolve into a serious competitor.
The threat appears clear enough. China’s outsourcers are set to grow at a faster pace than India’s over the next few years, according to analysts.
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