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Re: DlphcOracl post# 157965

Sunday, 10/05/2003 5:48:19 PM

Sunday, October 05, 2003 5:48:19 PM

Post# of 704041
not an accurate assesment with respect to foreign investment.
I did not mean India as a major player in high tech manufacturing, but just to name few areas where it is already a major player:

IT Outsorcing-major US banks/finance outsourced their IT to India. That process started about ten years ago (Citicorp), and today it is very hard to find a major bank which did not.

Customer Care - Numerous service and product companies are outsourcing CC & Telemarketing to India. Just check with your next telemarketer what country is he/she calling from.

Textile and garment industry..



oneseven

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