Does election fallout bode ill for India tech?
Last modified: May 18, 2004, 8:35 AM PDT
By Ina Fried and Dinesh C. Sharma
Staff Writer, CNET News.com
update A change of governments in India rattled financial markets there, but analysts said it will do little to stem the tide of technology jobs being outsourced to the populous nation.
"The trend toward offshoring in (information technology) is so powerful and has such momentum that I don't think there is going to be any immediate impact," said Marc Hebert, executive vice president at Sierra Atlantic, a company that helps large businesses manage enterprise applications from software makers such as PeopleSoft and SAP.
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