Andhra Pradesh’s IT hub is getting the jitters after America’s Ohio state decided to ban outsourcing to India. Hyderabad, now the biggest IT hub in the country for government IT and back-office projects, has more than 2,000 software companies dependent on outsourcing from the US and Europe.
While the IT industry is guarded in its response, Chief Minister K Rosaiah has expressed concern saying that it would impact IT industry not only in the state but in the whole country.
Rosaiah had a lengthy discussion about the possible impact of the ban on the state with Advisor, Information Technology, Andhra Pradesh government, C S Rao.
“A majority of the world’s top 500 companies outsource work to India, and a major part of it comes to Hyderabad. The Ohio ban is just the beginning. The US government is likely to cut incentives to companies outsourcing IT projects to India and more states and companies may decide against outsourcing. It would become difficult for the IT industry to survive here if outsourcing is banned,” Rosaiah said.
Source: http://www.indianexpress.com/news/Outsourcing-ban-will-impact-nation--Rosaiah/680828
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