IT outsourcing sector faces heat from global in-house units4 min read 03 Sep 2019, 11:53 PM IST
In the past few years, about 35-40% of the outsourcing work has moved to global in-house centres
Global in-house centres account for about 25% of the global offshore services market
India’s nearly $170-billion IT outsourcing industry, which has seen its growth shrink over the years, is now facing the challenge of global in-house centres, or GICs, hoovering up work.
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