unclbuttified GE selects India's HCL for development centers soc.culture.indian, sci.research.careers, soc.culture.bangladesh
Healthcare Outsourcing Looms soc.culture.indian, sci.research.careers, soc.culture.bangladesh
The natural extension of "telemedicine" lies in the offshore outsourcing arena; big implications for U.S. medical industry, explains article...
Door: John Ribeiro
General Electric Co. has selected Indian outsourcing company HCL Technologies Ltd. to set up and operate GE's development centers in India and China.
HCL, of Noida, near Delhi, will set up and operate the centers over three years, HCL said on Monday. It declined to give specifics, but such centers often develop software for use internally by companies.
Many multinational companies have tapped Indian expertise for setting up development centers, hiring staff and managing these centers. Under the build-operate-transfer (BOT) model, for example, the Indian partner sets up the facility, hires staff, and manages the development work for the foreign company until it decided to make the operation its own subsidiary.
British insurance company Aviva PLC announced last month that by January 2008 it will move over 5,000 business process outsourcing (BPO) staff from Indian service providers to Aviva Global Services, its offshore division in India. The company had executed BOT agreements with its suppliers.
GE, of Fairfield, Connecticut, already outsources software development to a number of Indian outsourcing companies, including Tata Consultancy Services Ltd. of Mumbai and Satyam Computer Services Ltd. of Hyderabad.
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