Gartner estimates that India's current 85 percent ownership of the BPO market share could dwindle to about 45 percent by 2007.
In dollar terms, that would be a significant blow to India, Chohan said. In 2004 India raked in more than $2 billion of an estimated $3 billion global offshore BPO [Business Process Outsourcing] market with more than 250,000 workers.
He estimates that the worldwide offshore BPO market will grow to about $24 billion by 2007 of which India will earn about $13.8 billion.
In dollar terms, that would be a significant blow to India, Chohan said. In 2004 India raked in more than $2 billion of an estimated $3 billion global offshore BPO [Business Process Outsourcing] market with more than 250,000 workers.
He estimates that the worldwide offshore BPO market will grow to about $24 billion by 2007 of which India will earn about $13.8 billion.
So India is going to see its absolute dollar value of outsourcing grow from $2 billion to $13.8 billion in 3 years and that is a significant blow to India. I'm not sure what I am missing but that seems like an amazingly good thing to me for India. Other parts of the article make some sense but what am I missing in the above quote????
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