“Offshore product development market expected to shrink”, Here is the popular comment by all the top players.
Here is an article on an outlook of the overall Indian OPD market. The experts predict the offshore product development market to consolidate, the smaller companies likely to be targets for acquisition. The writer also throws light on most of the MNC’s strategy, to sell out their captive centers. Captives having 20 to 25 people reported to have low productivity, and it is not worthwhile for the parent company to run them.
The article also forecasts another significant cause as slowdown in the US, if prolongs for more time, might affect the Indian OPD industry. Finally The writing highlights few measures the companies tend to take during slowdown but not specific to the OPD industry.