Bangalore to host '2003 India Outsourcing Summit'

By siliconindia staff writer   |   Wednesday, 20 August 2003, 07:00 Hrs
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BANGALORE: IT capital of India Bangalore would host The 2003 India Outsourcing Summit - the Indian Chapter of the highly acclaimed "Outsourcing World Summit Series", said D B Inamdar, Minister of State for Information Technology & Tourism, Government of Karnataka, on Wednesday.

The summit, produced in India for the first time, hosted by Software Technology Parks of India (STPI). The event would focus on crucial and India-sensitive topics such as Selling Outsourcing Offshore,
Brand and Market Presence and Legal & Contractual Issues. The summit is scheduled to be held on October 15 & 16, 2003, at The Leela Palace, Bangalore.

The 2003 India Outsourcing Summit is hosted by Software Technology Parks of India (STPI), produced by Michael F. Corbett & Associates, Ltd. - the world's leading authority on outsourcing and organizers of the acclaimed Outsourcing World Summit Conference Series, in association with Trade Fairs & Conferences International (TFCI) & Fortune. Custom Projects and supported by NASSCOM.

The USP of The 2003 India Outsourcing Summit is the presence of over 30 international delegates, many of whom will also be touring and visiting organizations across the country. The decision by these executives to travel to India for this event demonstrates their keen interest in establishing and expanding their company's operations and business relationships in India. The Summit also features exhibitors displaying an array of products and services across the entire spectrum of information technology and business
process outsourcing.

Announcing The 2003 India Outsourcing Summit, D B Inamdar, Minister of State for Information Technology & Tourism, Government of Karnataka stated, "We are delighted to welcome The 2003 India Outsourcing Summit to Bangalore - the IT Capital of India. We consider the objective of The 2003 India Outsourcing Summit - providing valuable business-oriented content and strategic direction to the outsourcing opportunity - come at the right time to help Indian service providers understand and tap the opportunity better".

A powerful conference would be held concurrently and would feature Outsourcing gurus and a host of renowned authorities in the Outsourcing industry from overseas & India. The speakers would address core business issues relevant to this industry. Eminent authorities from international corporations would deal with crucial India-sensitive topics such as Selling Outsourcing Offshore, Brand and Market Presence and Legal & Contractual Issues. The Summit would provide interactive and educative sessions for
rewarding insights and understanding of stringent American markets and how to fine-tune one's business strategy. There would also be insights on how to manage and ameliorate client relationships and quality processes.
The Summit would be the perfect platform for networking with one's peers and competition in this burgeoning marketplace. Level 1 speakers would focus on how to do business in India, its unique
requirements and culture, how to compare India to other offshore destinations and how to make and manage a company's outsourcing strategy.
The sessions would have decision-makers from leading international outsourcee companies who already have implemented one or more of these options for their organization. They would share their insights and
learnings from local business experts, government officials, investors and service providers.

Track sessions dig deeper by looking at specific opportunities and requirements for Information Technology, Business Process Outsourcing (BPO), and additional outsourcing opportunities within key industry verticals. Through case studies and presentations from experienced advisors, the specific opportunities within the financial services, technology services, manufacturing and other industries are explored.

Vivek Kulkarni, IT Secretary, Government of Karnataka, said, "It is our endeavor to facilitate companies to do business in India and an event like The 2003 India Outsourcing Summit will create an ideal environment for international companies and Indian service providers. The Summit will also provide a comprehensive platform creating a unique opportunity to do business and exchange information on the industry."

B V Naidu, Director, Software Technology Parks of India (STPI), said, "Global experts have unanimously projected India fast emerging as the leading outsourcing destination in the world. India has been receiving global attention and Indian companies are lapping up this emerging opportunity. The need of the hour today is to provide a common platform for all the related parties to come together to share, learn & network. This would help provide strategic direction to the fast growing segment opportunity and help companies to leverage on this opportunity to the maximum."

Michael F. Corbett, Conference Chair, and President & CEO, Michael F. Corbett & Associates, said, "Outsourcing, in general, and offshore outsourcing, in particular, are business strategies that no organization can ignore. The October Summit in Bangalore is particularly exciting since it's
the first time we're bringing buyers, sellers, and advisors from around the world together - in India - to explore the unique opportunities its people and companies can provide."

Balmohan Tarakad, President and CEO, TFCI said, "The 2003 India Outsourcing Summit draws upon its network to bring executives from around the world to India. The Summit would be - for many of its attendees - the
cornerstone of their program to understand and begin to leverage the India advantage. Michael F. Corbett & Associates is able to leverage the extensive relationships with consultants, analysts and lawyers from the Outsourcing World Summit Series. These professionals, in turn, would use the India
Summit as part of their program to introduce their clients to India and its potential advantages. In short, we aim to make The 2003 India Outsourcing Summit the most extensive network of outsourcing professionals in the world today."

The 2003 India Outsourcing Summit will attract business decision makers as delegates from the IT Outsourcing and BPO industry primarily and related segments such as IT consulting firms, technology vendors, ICT professionals and others.

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