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In a recent report, earlier this month, in PC World, India’s leading Software trade body, Nasscom, voiced concerns about the potential negative impact of President Obama’s January state of the nation speech, indicating it was time to slash the tax breaks for companies that ship U.S. jobs overseas, and give those tax breaks to companies that create jobs in the U.S.
 
Despite these concerns, Nasscom forecast that “India's exports of software services and business process outsourcing (BPO) are likely to increase by 13 to 15 percent in the fiscal year to March 31, 2011. In the year to March 31, 2010, they are expected to grow by 5.5 percent to US$50 billion”  
 
Fears of such protectionism, plus competition from other emerging BPO regions, such as China and other parts of Asia, together with near shoring alternatives in Eastern Europe, may result in an increasing trend, particularly for Indian companies, to look to acquire a further physical presence abroad.   “Setting up larger operations in the U.S. also makes good business sense for Indian outsourcers, as customers are now demanding that their suppliers deliver a large proportion of services from locations close to them, rather than entirely offshore from India”, analysts said.
 
In the UK, for example, there are numerous opportunities to acquire an existing document outsourced service business with a solid client base, as a foundation for onshore operations from which to sell either software or services into the greater European market. 
 
For such companies, seeking such international expansion to fuel further growth with their document intensive BPO service offerings in either, the UK, Europe or the USA, Document Boss is well placed to assist. Contact Us