« Indian IT companies looking for Chinese talent | Main | Intel helping boost WiFi deployment in Southeast Asia »
September 22, 2005
Isreal fights BPO - India's propaganda engine heats up
In a bid to fight job losses to India, Isreali government is providing subsidy to high tech companies that would keep work onshore according to a Hindustan Times article.
Under the program Isreali government would pay around $200 monthly for five years per employee to keep jobs in Isreal. Many Isreali firms are taking advantage of this subsidy to develop local software development centers employing thousands of women IT workers.
Such government strategies by governments obviously is a major threat to India's BPO market where global companies gain from not only cheap Indian workers but tax advantages as well. And Indian media has already started its engine to brand Isreali workers under the subsidy program as low cost and low quality work force.
Posted by admin at September 22, 2005 08:00 AM