Despite its BPO edge of skilled manpower and low labour cost, India's 'Advantage BPO' position may not be sustainable in the long run as nations like China, the Philippines and Mexico are fast catching up, a ASSOCHAM-IDC survey says.
The Indian information technology (IT) industry will need to move up the value chain to tackle competition from countries like China, Philippines and Vietnam, said Ratan Tata. The Tata Consultancy Services (TCS) chairman was addressing the 15th annual general meeting (AGM) of the company.
The Indian information technology industry will need to move up the value chain to tackle competition from countries like China, Philippines and Vietnam, said Ratan Tata.
India has shown the highest average salary increase in the Asia-Pacific region during 2004, beating China, Korea and Japan, according to a survey by global human resources firm Hewitt Associates.
The report by the High Level Advisory Group said India stands to benefit even more when the US and China are locked in a global trade war.
Remittances to the developing world are expected to reach $440bn in 2015.
Interest on NRE accounts is tax-free, but the I-T department creates hurdles to tax these accounts.
Trump said he is very close to a deal on DACA.
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