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ING may shift IT jobs, back office to India
By siliconindia staff writer
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Monday, 27 October 2003, 20:30 IST
NEW DELHI: In what could be the biggest outsourcing job, Dutch financial powerhouse ING Global is working on a project to shift its backoffice and IT-related jobs to India, reports an Indian daily.
The project, which envisages a gradual increase in outsourcing to India for all the financial businesses of the Dutch major, is currently being given final shape in the chairmans office at INGs headquarters in Amsterdam.
Sources told the daily that a team of executives is liaisoning with senior officials of INGs India operations to estimate the proportion of backoffice and IT services that can be outsourced for its worldwide business from India this year and the savings that would accrue from the shift.
The team is reporting directly to the chairman, Ewald Kist.
Besides, backoffice operations, software services from Wipro and Infosys are almost certain on the cards.
The only issue being addressed in this regard as of now is the magnitude of purchases to be made. ING Global board member A R Kan was in India last month. (Source: Economic Times)