Build your professional network on facebook via our app Go to app
 
 
Posted in Community :

My vision |

Business Community

Posted in Job Site : MyBPOCareer
 
Industry : ITES / BPO / Customer Service Functional Area : Recession
Activity:  2 comments  262 views  last activity : 07 06 2010 20:18:04 +0000
Share
 
 
 

Economic recession has hit the world with vengeance. But the industry which has thrived this adversity is the BPO industry. When costs of doing work in-house has increased in the companies abroad, they have started to outsource their business requirements, which in turn has become a blessing in disguise to us.

The global economic scenario goes haywire now-a-days. People frantically talk about economic recession with a ‘what-will-be-my-future’ sort of look in their anxiety-filled eyes.

The revenue generated by the BPO & KPO industry in India is estimated to Rs.1,160 crores and provides employment to almost 7-8 lakh people in the year 2007-08. The largest contributor to the Indian BPO-KPO export market in 2007 is USA with a lion’s share of around 61%.

 Top Comment : Radhakrishna Marar   | 05 07 2009 07:42:34 +0000
Yes apart from all other industries the ITES sector is doing good and the BPO sector is indeed showing good numbers this year even with the global recession that is there...but then with the Obama's new policy....it might have an impact sort of, don't you think so.......
 
2 comments on "The Impact of Economic Recession on BPO Industry"
  Commented by  judith, Head/VP/GM-Quality, ayuba    | 05 09 2009 15:32:17 +0000
hi
  Commented by  Radhakrishna Marar, Business Analyst, Oracle    | 05 07 2009 07:42:34 +0000
Rating : +1 
Yes apart from all other industries the ITES sector is doing good and the BPO sector is indeed showing good numbers this year even with the global recession that is there...but then with the Obama's new policy....it might have an impact sort of, don't you think so.......
Add your comment on "The Impact of Economic Recession on BPO Industry"

Rate:
Submit
 
Viewers also viewed
All other industry seems to be in recession other than Telecom Industry. Do you agree that...
 
2 referals 54 arguments, 3684 views
India's domestic BPO market to be worth $1.4 Billion in 2011!! Then there are international BPOs...
 
2038 referals 26 arguments, 687 views
In the wake of the fuel prices going up, waning consumer confidence and sluggish Global economy...
 
1 referals 7 arguments, 437 views
more...  
Recent Knowledge (43)
Floods deluge Pak With Strategic Problems   The Zardari government's inefficient handling of the...
 
35 referals 6 comments, 85 views
The English language has some wonderfully anthropomorphic collective nouns for the various...
 
87 referals 5 comments, 82 views
Yes they are going to be here.. and the first destination is Bangalore... Google cars and trikes...
 
1339 referals 12 comments, 443 views
more...