'Global recovery sees increased offshore activities in India'...

The global outsourcing and offshoring industry continued to show signs of business recovery leading to increased momentum in the Indian offshore industry during Q3 2009, according to Market Vista: Q3 2009 report by Everest Group, a global consulting and research firm. Everest s quarterly study on global outsourcing and offshoring activity reports that the new captive set ups increased to an 18-month high in Q3 2009 compared to Q2 2009. Comparing Q3 to Q2 in 2009, the global demand for offshore services continued its momentum on the back of improving business sentiments: * Key verticals such as banking, financial services, insurance ...

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