June 10, 2004
Indian companies buying Western competition

India's Outsourcers Turn West (BusinessWeek)

In the past two years, Indian businesses have snapped up a dozen U.S. call centers and business-processing companies in order to expand their customer base and their global reach. They have also bought Canadian and European companies.

Interestingly these companies were cheaper to buy because their business was affected by the Indian companies.

In any case, these acquisitions will keep these Western companies afloat and may help with some of the negative impressions about Indian companies in Western countries.

Posted by Harshal at June 10, 2004 06:24 PM


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