Stop worrying about IT offshoring - it's doing fine

Posted by dave on Oct 15, 2004 6:00 AM EDT
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According to the quarterly report [pdf link] we received today from Wipro, India's largest IT services and business process outsourcing contractor, revenue was up 47% -- and profits were up 67% -- over last year. Better yet, Wipro claims it has added 34 new clients in the last quarter, and "10 are Fortune 1000/Global 1000 customers."

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