Monday, July 20, 2009

Capgemini will try for domestic local outsourcing deals

Capgemini, the France-based information technology outsourcing and consulting major, has thrown its hat in the ring for domestic IT outsourcing and consulting business deals.

IDC, the market intelligence tracker for the sector, estimates the domestic IT services market, currently around $6 billion (Rs 28,800 crore), will touch around $13 billion (Rs 62,400 crore) by 2012. It is this growth potential that has made frontline Indian companies like TCS, Infosys, Wipro and HCL Technologies look inwards for growth.

The $12 billion Capgemini, whose current revenue from India is negiligible, is now ready to give the home-grown majors a run for their money by playing a bigger role in the India market with its high-end consulting and outsourcing capabilities.

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