Offshoring engineering services on the rise

Published on Fri, Aug 04, 2006 at 10:00 |  Source : Moneycontrol.com

Updated at Fri, Aug 04, 2006 at 11:28  

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Offshoring of engineering services could be the next big thing after the BPO boom, reports CNBC-TV18.

A report by Nasscomm and management consultant Booz Allen Hamilton says that engineering services could be a USD 1.1 trillion industry by 2020.

The report adds that while current share of offshore sevices is only 12%, it is well positioned to increase that to 25% by 2020.

The report says that this will increase job oppurtunities not only in major metros but in rural areas as well.

  

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