The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.
March - 2011 - issue > In Focus
Indian ITeS Companies Sniff Opportunities as U.S. Govt Cuts Budget
si Team
Healthcare service companies are largely to gain, as the U.S. government has mandated that all healthcare records needs to be archived digitally. Companies like TCS and Wipro, who have a nine year $407-million outsourcing contract from the state of Missouri for delivering healthcare-related IT services, might be the companies bagging the most number of contracts. Other areas that the companies could look forward to are the departments of justice, transportation, homeland security, health and human services, commerce, energy, agriculture, and treasury.
However, experts are not very optimistic of Indian firms getting these new government contracts as outsourcing is a sensitive subject for the U.S. government due to the rise in unemployment rate. The political cost for the government cutting jobs can be catastrophic. Eventhough the cut in spending in the proposed budget is opening way for outsourcing, the governments will try everything in their power to avoid this and to make sure most of the work is done onshore thus reducing the political damage.
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