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Diju Raha, the former Nortel executive
whom view as the patriarch of outsourcing to India, has his own take
on nearshoring.
Raha, who oversaw
Nortel's outsourcing of IT work to Indian companies a decade ago, believes
that an outsourcing business could be created that combines the best of
what
Canada and India have to offer.
Raha, who now heads
EximSoft International,
a 200-person software services and product
company, contends that a business could combine Canada's geopolitical
stability, infrastructure, and free flow of people, technology and capital
with India's immense supply of knowledge workers.
"Indian companies
haven't done it," Raha says. "They're pure play. They have a tremendous
tax incentive in India, they're not taxed on their profit. Their
price-earning ratio is tremendously better. They've got better
capitalization in the market place." Canadian companies have not moved in
this direction "because Canadian companies are very happy doing what
tehy're doing," Raha contends.
"This is tremendous
oppurtunity," Raha says. "You integrate the best of Canada, with the best
of India."
This article was published on
Ottawa Citizen, 25th March, 2004 by techweekly writer Peter Hum |
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