India is now more important to Nokia than the US in terms of sales, the head of the world's largest mobile manufacturer has revealed.
Narayana Murthy, chairman of leading IT services provider Infosys Technologies, has taken a swipe at claims the company's offshoring policy has reduced jobs in Australia.
Industry association Nasscom has predicted that India's booming tech economy will grow around 25 percent during 2007/8, which will push revenues past the US$50 billion mark.
Treasurer Peter Costello today urged Telstra to do all it can to secure up to 450 IT jobs, under threat of being exported to India by IBM.
The office of the Minister for Communications, Information Technology and the Arts has backed Telstra's decision to use offshore software developers.
In October, Yahoo ran an Open Hack Day event in Bangalore, hosted by one of the company's co-founders, David Filo. Two hundred local developers were invited to a 24-hour code-a-thon to combine their own ideas with mashed-up services from Yahoo's own library of APIs.
Industry association Nasscom has predicted that India's booming tech economy will grow around 25 percent during 2007/8, which will push revenues past the US$50 billion mark.
The office of the Minister for Communications, Information Technology and the Arts has backed Telstra's decision to use offshore software developers.
Growing demand for offshore services in India is raising the cost of labour there, causing US firms to begin eyeing China, Romania and other options. But India has some tricks up its sleeve.
As demand for Indian IT services grows, finding talent will become increasingly difficult, according to a Tata Consultancy Services executive.
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