[an error occurred while processing this directive]
BBC News
watch One-Minute World News
Last Updated: Monday, 15 November, 2004, 16:39 GMT
Firm aiming to boost outsourcing
South Asian call centre
The Indian outsourcing market is enjoying phenomenal growth
As more and more UK firms outsource jobs to India, a company has been formed specifically to help businesses do just that.

India Outsourcing Services (ISA) - set up by London investment group Blue Star Capital - plans to float on the Alternative Investment Market (AIM).

ISA has yet to start operations, but aims to establish Indian call centres, help desks and customer service teams.

It hopes to raise 500,000 ($924,472) through the placing, set for December.

ISA chief executive Amit Pau said the Indian outsourcing market was still in its "embryonic" stage, and by 2008 was expected to be worth 4.6bn, nearly four times its value in 2002.

Just last week UK bank Lloyds TSB said it was increasing the number of its Indian staff by 1,000 to 2,500.


SEE ALSO:
Lloyds TSB to hire more in India
09 Nov 04 |  Business
UK firms to look abroad, CBI says
08 Nov 04 |  Business
Infosys cashes in on outsourcing
12 Oct 04 |  Business
Tesco 'outsources jobs to India'
23 Jul 04 |  Business
Sri Lanka embraces outsourcing
13 Jul 04 |  Business



PRODUCTS AND SERVICES

News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East | South Asia
UK | Business | Entertainment | Science/Nature | Technology | Health
Have Your Say | In Pictures | Week at a Glance | Country Profiles | In Depth | Programmes
Americas Africa Europe Middle East South Asia Asia Pacific