After facing one of their toughest years on record over the past 12 months, Indian IT companies are expecting a turnround in business as western financial groups look to outsourcing to help recover from the credit crisis.
Banks in developed countries are now seeking to implement new IT platforms to consolidate recent acquisitions. At the same time, legislative changes in the US are expected to force through cost cuts in the credit card industry, and potentially in healthcare, that could benefit outsourcing groups.
