News » Shutdown in India hits major outsourcing firms

Shutdown in India hits major outsourcing firms

Some of the world’s biggest outsourcing companies are racing to maintain services for global clients now that India has imposed a nationwide shutdown, according to the Financial Times.

The shutdown in India and other outsourcing hotspots, such as the Philippines, has been a challenge for companies in Europe and North America that depend on these businesses. For instance, Tata Consultancy Services said that around 85% of its 400,000 employees in India and elsewhere in the world are now working from home.

Infosys, on the other hand, said 70% of its 200,000-strong workforce is working from home around the world. Collectively, the outsourcing industry in India employs around 4 million people and earns revenues of US$180bn annually.

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