The Hindu Business Line : Outsourcing ban no big deal, says GE official

EVEN as several States in the US and some countries have initiated steps to place curbs on outsourcing,, the President and Chief Executive Officer of the country's largest player in the IT-enabled services space, GE India, Mr Scott Bayman, has dismissed this development and stated ``outsourcing will take care of itself. This is no big deal.''

Coming as it is from one of the largest players in the country and an MNC at that, the observation will surely be comforting to Indian software services and ITES players. In the wake of the New Jersey Bill, the National Association of Software and Services Companies (Nasscom) had taken several steps, including appointment of a professional agency to sensitise and impress upon policy makers in the US its ill affects.

With regard to GE plans, Mr Bayman said "our new business process outsourcing centre at Hyderabad is up and running and by the fourth quarter this year we will complete a leadership centre. We are in the process of creating related infrastructure to support this major centre. Thereafter, we will create other facilities. From the current 4,500 people, we will grow to about 6,000 by February 2004."

From about 300 people, GE India currently has over 11,000 people in just about three years, with Hyderabad being one of the largest BPO centres.

Article E-Mail :: Comment :: Syndication

Stories in this Section
Forward contract norms eased for 39 items

Outsourcing ban no big deal, says GE official

Long distance calls to turn maze of digits

Coke coming up with milk-based drink

Govt not to charge premium on equity returned by banks — Thumbs-up from stock markets

No stock option for promoters on the rolls

Call centres hear no jarring note in NJ move