BackThree Indian cities among 31 global emerging IT destinations: KPMG
Three Indian cities among 31 global emerging IT destinations: KPMG
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New Delhi: Three Indian cities have made it to the list of top 31 locations across the world as key emerging alternatives to the existing places for IT and ITeS industry, global consultancy firm KPMG said.
KPMG in its report- ‘Exploring Global Frontiers- the new Emerging Destinations´ said, as the existing favourite locations for shared services and outsourcing have started to become saturated the newer cities are emerging, offering new and improved incentive packages and talent, that are better geared for the IT and ITeS industry.
Though the list is dominated by cities in developing countries, it also includes three Indian locations -- Ahmedabad, Jaipur and Nagpur -- which may be valid competitive alternatives to the existing favourite destinations.
Commenting on the findings KPMG Sourcing Advisory services in India Partner-in-Charge Viral Thakker said: “Realising the growth potential of the IT-BPO industry, Tier II cities in India have now jumped on the sourcing bandwagon and can be projected as viable destinations."
The report stated that besides Bangalore, Mumbai, the National Capital Region (NCR), Chennai, Pune and Hyderabad, which are now regarded as “emerged destinations", several smaller Tier II and III Indian cities have the potential to attract IT-BPO investments.
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