« Strong rupee and weak dollar erode growth for IT companies in India | Main

Aug 1
Satyam story: India sucks, Satyam to open centers in Brazil and Mexico, Australia, Europe, West Asia
When various state governments in India are creating IT parks in tier II and III cities, trying hard to get some big companies so that small and medium follows and giving subsidies and tax incentives so to get more employment opportunities. However, there are some companies like Satyam who made their fortunes from India (Chairman of Satyam Mr. B Ramalinga Raju is one of the richest billionaires from the world) wants to expand and create software development centers in countries like Brazil and Mexico instead of India.

Not just Brazil and Mexico, Satyam is also setting up IT and BPO centers in Egypt, Australia, Uruguay, West Asian and European countries.Thus says a report from Business StandardSatyam-Australia-Europe-West-Africa-call-center-software-development-center

You ask them, they will tell you 'facts' like how its important to be present in nearshore or how they practice 'corporate social responsibility' to uplift the poor, help the disabled, educate the uneducated etc. I dont want to get into these 'noble' paper details, but it seems India is not anymore Satyam's automatic choice for business. There are software companies from all across the world coming to India and really have aggressive future plans to recruit more and more eligible candidates. I can recall an example of CapGemini, a company from France, which was not doing too well in its own country, but since the time it came to India it never looked back. Now CapGemini has plans to recruit thousands in the coming years and have centers in almost all metros of the country.

Satyam does not care.

Read: CapGemini to double its employee strength in India by 2010

Read: How CapGemini embraced India

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4 Comments/Trackbacks




In the light of recent events; such as the coming US Presidential elections this November, the global energy crisis, the economic storm at Wall Street, and the weekend bombings in New Delhi-- Satyam has valid impetus to have such business concerns and act on it accordingly.

Whether their present expansion and other related activities can alleviate what Satyam c-level management could percieve as business challenges, I think time can only tell.

such as the coming US Presidential elections this November, the global energy crisis, the economic storm at Wall Street, and the weekend bombings in New Delhi-- Satyam has valid impetus to have such business concerns and act on it accordingly.

Very Nice property and place. Real Estate India - Jaaydaad.com offers residential and commercial properties in delhi India. real estate developers, property consultants, real estate dealers, property awards.Buying property in delhi ncr visit here http://www.jaaydaad.com

Lets what takes places in India after the Satyam crap.

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