Global Economy

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Global Economy

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#37

12-14-2004, 08:58 AM

Will a weak dollar kill BPO firms?

QUOTEWhat's the breaking point? According to an internal assessment by the BPO division of an IT major, at Rs 37 (per dollar), profit margins vanish. At Rs 35, companies will close down. If Dr Doom is right, a big shakeout is likely.

Is this true ? At one point I would have thought that this was true but somehow 37 seems like too high. What if BPO companies start moving out of Indian metros into cities like a'bad, kanpur, etc. What do experts think ?

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Global Economy - by Guest - 12-18-2003, 04:48 AM

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