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October 13, 2005
Cheap Indian IT outsources sees dramatic sales growth
As more western companies look to cut costs India's two largest information technology outsourcing companies -- Tata Consultancy Services Ltd. (TCS) and Infosys Technologies Ltd. -- continued showed to show strong sales growth.
Tata Consultancy, India's largest outsourcing company in terms of sales, said net profit almost doubled to $155 million in the quarter ended Sept. 30, compared to the same quarter during the past year.
Infosys the other super low cost outsources, showed profit increases of 36% to 6.06 billion rupees during the quarter ended Sept. 30 against the year-earlier period.
Posted by admin at October 13, 2005 07:51 AM