Tag: Trade

Is Indian IT losing cost advantage?

Several multinational companies that outsource technology development work to India are reworking their budgets, The Economic Times reports. That’s because a sharp rise in tech salaries here has diluted projected cost reductions, making the proposition less attractive. Some techies with 10 years’ experience are earning ₹50-60 lakh, or $70,000-85,000, per year. Vinu Nair, […]

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