Posted on 06/20/2005 8:36:59 AM PDT by Gengis Khan
India is gearing up to tap the huge engineering outsourcing opportunity and position itself as the world's hub for high value design and manufacturing destination, a top Nasscom official said on Monday. "China may be the home for mass manufacturing, but India, with its high engineering base, can emerge as the destination for high value manufacturing," Nasscom president Kiran Karnik said.
Nasscom has initiated the engineering services forum and will build a brand for India as the outsourcing destination for engineering services, he said.
Nasscom chairman and TCS CEO S Ramadorai said the market potential for outsourced engineering services was between $7 billion and $12 billion, while the value of work currently undertaken by India-based vendors in this space was estimated about $500 million.
"This does not include that of the captive units of global firms," he said, adding that the engineering services had been divided into IT services (R&D services) and ITES-BPO (engineering BPO).
Ramadorai said Indian firms like L&T, Thermax, Mahindra and Hero Global Design are major outsourcers and the target verticals for India are automotive, aerospace, construction, manufacturing and embedded software and chip design.
Satyam Computer Services Chairman and Nasscom vice-chairman Ramalinga Raju said India's IT services success could be replicated in the engineering services and India could compete with China by harnessing its strengths.
"India-based design teams result in price performance structures which are significantly lower than of US," he said.
No doubt, and I can tell you that I know more than a couple law students that wish they went into Engineering.
Hey dude. Take it easy.
I just posted an article.... not trying to sell any such preposterous ideas about India eclipsing America.
The article says India will become the world's design hub (just as India is now the world's software hub). Its got nothing to do with beating the US.
"No doubt, and I can tell you that I know more than a couple law students that wish they went into Engineering."
The vast majority of lawyers are doing wills and deed work in crummy little offices and making $50k a year.
Why not encourage your kid to play professional sports, too. They make a lot of money........
If it is the world's software hub, how come every time I hear of an offshoring project in programming, the results are a spectacular failure?
Offshoring results are abysmal. My experience is that programmers who succeed are generally on-site -- and of those that succeed, the ones who are Indian usually speak accent-free English.
Even programming at home doesn't work so well. You simply must be on site to succeed.
"You simply must be on site to succeed"
Everyone would love to commoditize expensive technical disciplines, unfortunately, reality rarely cooperates.
Most businesses have to adapt to the outsourcing model they incorporate, it is never the other way around. If you happen to have pesky things like customers that don't like to change just because you outsourced critical business functions....well.....that's objective outsourcing failure.
There's a reason technical prowess costs money:
I just LOVE spectacular failures. The more spectacular, the better.
I have some friends who do bank programming in COBOL. You'd think that if any programming work could be done off-site, it would be something in a 60-year-old language. Occasionally they'll do some coding at home, but the vast majority of their work is done on-site. Even when the site is in Peru...
Spectacular failures make me money.
"If it is the world's software hub, how come every time I hear of an offshoring project in programming, the results are a spectacular failure?"
Thats because you hear stuff from the wrong source. This article has something else to say:
http://www.mlive.com/newsflash/national/index.ssf?/base/national-0/1119279004247040.xml&storylist=national
http://edition.cnn.com/2005/TECH/biztech/06/20/techjobdecline.ap/
http://news.google.co.in/news?hl=en&ned=in&q=RACHEL+KONRAD+&btnG=Search+News
Looks like you spoke too soon. I was about post these two articles but thought I might whip up more anti-India fervor.
My experiences and the experiences of my close associates are the wrong sources?
Hokay.
You read articles and draw your conclusions from them. I'll live real-life experiences and draw my conclusions from them.
Oops posted the wrong link. Try this:
http://news.google.co.in/news?hl=en&ned=in&ie=ISO-8859-1&ncl=http://cnews.canoe.ca/CNEWS/TechNews/BizTech/2005/06/20/1096617.html
So keep posting your articles, and continue to whip up some very serious anti-Indian protectionist sentiment.
All because Priba.dot programs these days.
Nazi Germany totally kicked our asses, right? The superiority of German technology was going to assure the Nazis their military victory, right?
Well then, India will totally kick our asses. After all, they enjoy a slight cost-advantage.
At present.
I think I made a salient enough observation above that you two should enjoy it. ;^)
"I mean, why do we even bother. India wins and America loses. Let's just fold up the tent now."
Suits me! ;)
Never stop posting.
You are doing more damage to India than I ever could do.
NEVER stop.
"Nazi Germany totally kicked our asses, right? The superiority of German technology was going to assure the Nazis their military victory, right?"
Well I never knew the Nazis did "programming". Just imagine a U boat or a V2 rocket running on outsourced softwares. Good you stopped them.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.