Indian IT outsourcing giant Infosys is building a massive campus in Hyderabad that will employ 25,000 people.
India's outsourcing giants suffered sluggish growth in contrast to record-breaking spending on global services in 2008.
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.
Indian outsourcing and develoment giant Infosys has called for more education on the issue of sending IT work overseas following the media roasting it received over a partnership with Telstra.
The chief executive of Expert Information Services has sought to allay concerns over the impact on its Australian workforce of its merger with Indian-based software heavyweight Infosys.
Australian Federal Police (AFP) boss Mick Keelty is the latest to voice concern about India becoming an outsourcing no-go zone, but how real is the risk?
UPDATE: One of this country's leading IT companies is to be acquired by Indian software giant Infosys.
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.
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.
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