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Outsourcing beneficial to India: IIM professor

By Our Correspondent

KAKINADA, FEB. 20. India is gaining by the system of outsourcing, which is made possible because of globalisation, according to Vishnuprasad Nagadevara of IIM Bangalore. Delivering a lecture on `Outsourcing - conflicting views' at the concluding session of the `Concours-2005' jointly organised by the Computer Society of India (CSI) and Kakinada Institute of Engineering and Technology (KIET) here on Sunday, he said that countries like United States were able to reduce their cost of production by outsourcing system.

"Computer engineers need not migrate to other countries for jobs but could effectively secure employment staying in the country itself. The work which costs $60 in the United States could be done in India with our engineers at an expenditure of $6," he remarked.

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