Tata Consulting Services, India’s largest outsourcer, believes its growth in China will rival India. According to The Financial Times, China does not yet have a developed IT outsourcing industry despite the large numbers of engineering graduates produced by its tertiary institutions each year.
“ ‘If any country has the potential to scale up like India, it’s China,’ N. Chandrasekaran, TCS global head of sales and operations,” was quoted as saying. “‘We can easily grow to 3,000 or 5,000 in Hungary but not to 50,000 like we could in China.’”
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