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To: Jim Willie CB who wrote (67)1/8/2003 5:13:00 PM
From: pogbull  Respond to of 1210
 
Outsourcing boom to fuel Indian tech sales growth

Me<I hate to see jobs leaving the US but there is a positive side to this for gold investors as the people of India love to buy physical gold>

ledger-enquirer.com

Excerpt:

Analysts said many companies were hiring aggressively and some had bagged large outsourcing deals, indicating the sector, which depends on low-cost engineers and other English-speaking graduates, was poised for rapid growth.

``We expect the IT outsourcing initiative to scale up significantly in 2003/04 for Indian vendors,'' Birla Sun Life Securities said in a report.