Tuesday, July 24, 2007

Satyam Eyes Engineering Services Outsourcing Deals

BlogOut provides regular, global outsourcing updates. See BlogOut Directory for the complete list of categories

See also outsourcing updates for related categories: Manufacturing & Engineering, India

Satyam Eyes Engineering Services Outsourcing Deals

Jul 23, 2007

Satyam Computer Services Ltd. is eyeing more outsourcing deals in higher margin engineering designs to offset the impact of a stronger rupee on exports, an official said on Monday.

Satyam is negotiating eight deals worth $20 million to $25 million each in engineering, T.S.K. Murthy, head of integrated engineering solutions at the Hyderabad-based firm told reporters.

Aerospace and automobile companies are stepping up outsourcing of complex engineering works like designing product components...The global offshore engineering spend is expected to grow to $150-$225 billion by 2020 and India, with its talent pool and experience in engineering services, could pick up 25 percent of that...

Read the full report from here @ Reuters

Click on the labels below for more posts on those categories

Labels: , ,


Comments: Post a Comment





<< Home

This page is powered by Blogger. Isn't yours?

Subscribe to Posts [Atom]