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i2 to outsource 80% software work to India
Bipin Chandran in New Delhi |
July 09, 2003 11:55 IST
The anti-outsourcing campaign in the United States does not seem to prevent leading technology companies to move work to India.
The Nasdaq-listed technology major i2 Technologies will handle about 80 per cent of its software development requirements out of its development centres in India, up from about 60 per cent at present.
"We have decided to operate the main parts of our software development work in India. We think that we would be able to offer a better value to our shareholders by doing so," said Sankalp Saxena, managing director and senior vice president, i2 Technologies India.
According to him, the company undertakes core technology and product development work in India.
The company now employs about 1,100 employees in India in the areas of product development, consulting, global customer solutions management, sales and marketing.
"We are not looking at substantially growing the number of employees. Instead, we are looking at utilising the people we have more optimally. We do not believe in hiring more and then under utilising them," he said, adding that the company employs about 2,900 people worldwide.