Indian Outsourcing Giants Go Global With U.S. Graduates

March 2, 2011

In what seems like reverse outsourcing, Indian outsourcing giants like Wipro, Tata Consultancy Services and Infosys have said that they will hire fresh graduates from U.S. universities. With engineers lined up to graduate in June 2011, Indian tech firms are ready to join the new trend in hiring.

The hiring of U.S. staff comes amid much criticism of Indian outsourcing, which has dominated the industry for almost twenty years. The Indian outsourcing sector has also made a recovery according to third quarter results booked by Wipro, TCS and Infosys.

The news is encouraging as many sectors like financial firms and retail firms are still impacted by the recession triggered by the subprime mortgage crisis in the U.S. However, the Indian outsourcing firms do not feel that they are responsible for creating a recovery in the U.S. for the jobless. Rather, they describe the move in hiring as a way of capitalizing on U.S. talent, which meets global requirements.

Apart from that executives of firms are quick to add that the talent pool in the U.S. is rather small and that it is not going to make much of a difference. In addition, the pay is also not a big factor since Indian employees are paid comparable salaries to U.S. staff.

New legislative policies have attacked countries like India and China, accused of taking away jobs from the U.S. With unemployment so high in the U.S., firms like GE are stepping in and asking Indian companies like Infosys to address issues like unemployment in America.

According to an online report by timesofindia.indiatimes.com, Indian outsourcers like Congnizant and Infosys have begun hiring from campuses across the country including Penn State, Michigan, N. Carolina State, Rutgers, University of Massachusetts, and University of Connecticut.

In a statement, S. Gopalakrishnan, CEO of Infosys, said that his company has already been hiring from American college campuses. He estimated that about 250 employees are added to his firm over the period of a quarterly and this same ration is expected to follow in the next four quarters.


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