Indian IT Firms Broaden Hiring in U.S
BANGALORE, August 28, 2012, India's biggest information-technology companies are
stepping up hiring in the U.S. in an attempt to blunt criticism aired
during the presidential campaign that outsourcing is costing American jobs.
In the latest sign of the trend, Tata Consultancy Services Ltd., India's
largest software company by sales, said it will open a software facility
in Minneapolis in 2012, creating a few hundred jobs. The company plans
to hire 2,000 employees in the U.S. in its fiscal year ending in March,
up 25% from the previous year.
Infosys Ltd., the second-largest Indian software company by sales, plans to hire 2,000
employees in the U.S. this year, almost double last year's additions.
MindTree Ltd. said it plans to hire more Americans to staff four to five
software-development centers that it is looking to set up in the U.S.
over the next five years. Wipro Ltd., another large IT company, also
says it will increase hiring.
The companies' U.S. hiring plans are overshadowed by growth at home.
Tata Consultancy plans to hire 50,000 employees this fiscal year in India, adding to the company's total global workforce of 240,000.
But the U.S. expansion shows how India's outsourcing industry, which
recorded a cumulative $69 billion in sales last year, making it India's
largest export sector, has become more sensitive to criticism in its
biggest market. Source: The Wall Street Journal
India set to become a ‘pregnancy outsourcing’ hub
Chandigarh, April 6, 2012: After gaining recognition in the IT sector, India is all set
to become the pregnancy outsourcing hub in the world. The demand for
surrogate mothers has been on the rise in the country, reports said.
In the past one year, the areas near Chandigarh have witnessed an increase of 40 per cent in the demand for surrogacy. On the other hand,
the demand for surrogacy in the country as a whole has also been on the rise.
The demand of surrogacy has also been coming from the foreign nationals.
One of the renowned embryologists, Dr Nirmal Bhasin, reveals that her
IVF center has witnessed more than 24 cases of surrogacy in the past
couple of years. There has been an increased demand of surrogacy by the NRI couples, she said.
The NRI couples find the Indian surrogate mothers to be ideal, in
relation to the identical origin. The gynecologist of Fortis Hospital,
Dr Shanojeet Sodhi, stated that there is comparatively low cost demanded
by Indian surrogate mothers in comparison to European countries. This is
also one of the reasons as to why the foreign nationals are seeking Indian surrogate mothers, she said.
On the rise of surrogacy in these areas, she stated that the women in
this part of the country are stronger and healthier. The case of surrogacy can go kaput in case the surrogate mother or the child faces
health concerns during pregnancy.
There has also been an increase in the number of single women turning
volunteers for surrogacy. One of the major reasons behind the interests
of single women in surrogacy is the amount of money that one can earn.
According to reports, the Indian surrogacy market is likely to reach USD
6 billion in the coming year. Source: Bhaskar News