News & Views on Indian Real Estate

Friday, April 18, 2008

Indian BPO growth next in second-rung cities

With an upsurge in realty prices in metro and talent crunch, the $11 billion Indian BPO industry is now thinking to move to the Tier II cities in the country. Many feel that movement to lower-cost cities within India is likely to result in additional 15-30% reduction in operating cost despite lower employability and higher management costs.