Outsourcing Will Outpace IT Services Sector, Says Expert

Hyderabad, July 23 | Updated: Jul 24 2004, 07:07am hrs
The BPO/IT Enabled Services sector will outpace the growth of IT services sector in the next four to five years. Of the projected $230 billion BPO market by 2008, India expects to garner 80 per cent of it, predicted Manish Soman, MD, Deloitte Consulting, India.

Delivering a key-note address at the one-day national seminar on BPO - Growing up in value chain, here on Friday, Mr Soman said that apart from the US, the UK, France, the Netherlands, Japan and the European countries expect to outsource the BPO services in a big way in the years to come.