Indian IT firms bid for contracts as U.S. govt. slashes IT budget
Silicon India News
Bangalore: Indian IT Service firms are in for a big lottery with the U.S. government deciding to cut more than $61 billion from their current spending levels. This will prove to be a blessing in disguise for the service firms who are betting on the U.S. government contracts as most of them are pushing hard to be a part of the $100-billion U.S. government outsourcing market. More of government sector contracts will be outsourced to Indian firms as the U.S. states look at gaining greater efficiencies by reducing costs...[Full Article]
