Karnik launches D&B publication

BANGALORE: Dun & Bradstreet India released the inaugural edition of 'India's

Top ITeS and BPO Companies'.

The publication is a reference on the Indian BPO industry, with detailed listings of companies operating in this space, indexed by location, verticals serviced and employee size.

Kiran Karnik, president, NASSCOM, launched the publication here on Tuesday.

Speaking on the publication, Karnik said that ITeS and BPO segments will play a vital role if India has to achieve the $ 50 billion exports target by 2008.

"Now there is a clear shift in the kind of projects coming to India. The companies are outsourcing `business analytical' kind of work to India. Of course, we need to continue in getting `high volume and low margin' kind of projects, which will help in providing career opportunities to young graduates," he said.

During the function Manoj Vaish, CEO, Dun & Bradstreet India said, "The details in the publication will help those companies who are looking at India to outsource. For a company striving to ferret out cost savings and promote innovative management, large cost savings can be realized by outsourcing activities."

The publication lists 155 outsourcing organisations servicing a gamut of industry verticals including manufacturing, legal, banking and finance, government and pharma. While the universe of outsourcing organisations in India is quite large - with small and medium players also finding a place - the publication is restricted to companies that employ over 150 employees in total.

Captive BPO units continue to dominate the total value of work outsourced to India. In the period of 2004-05, captive units accounted for 65 percent of the work offshored to India. However, with some large players modifying their strategies to include third-party work, this is bound to change in the years to come.