India may well be the current leader of the outsourcing market but China is slowly closing the gap with this nation, according to Ovum.
The new report titled ‘India and China: which will be the outsourcing powerhouse in the 21st century?’ says India’s share of the market is in decline despite the growing outsourcing industry.
China is continuing its march towards financial success and the report indicates that it is already providing substantial competition as the world’s outsourcing provider in terms of footprint, awareness and capability.
“Both countries are often touted as the low cost delivery location of choice, with many non-domestic vendors investing millions of dollars to set up operations in multiple locations in both countries,” says Jens Butler, principal analyst. “Add to this China and India’s growing influence as global centres of political and economic power, and it appears to be a two-horse race to the finish.
Source:-http://news.idg.no/cw/art.cfm?id=40732C28-1A64-6A71-CE499BBB2A401292
