Financial Daily from THE HINDU group of publications Wednesday, Oct 20, 2004 |
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Info-Tech
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Outsourcing UK supports outsourcing Our Bureau
New Delhi , Oct. 19 ACKNOWLEDGING India's comparative advantage in service provisioning, the UK has supported outsourcing saying it made companies more competitive in a global marketplace. "Outsourcing makes companies in the UK more competitive. You will not find our Government talking the language of protectionism," British High Commissioner to India, Sir Michael Arthur, said on Tuesday at the launch of UK Government's tool-kit for Indian companies looking to expand in the UK. The concept of outsourcing had now extended from call centres to a range of services like back office processing, he said.Terming the UK as an "open economy," he said the British Government had taken a clear position on outsourcing. India's comparative advantage was service provisioning, he pointed out. "If UK businesses decided that it is in their best interest to enter into contract or partnership with Indian companies then it is their commercial judgement. It has to be good for the economy as well," he added. He invited Indian companies to expand in the UK saying the country provided access to European markets and was e-ready.
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