India's outsourcing industry faces challenge from other emerging nations

BOMBAY (AFP) - Emerging nations in Southeast Asia and central Europe could eat up 45 percent of India's share of the booming outsourcing market as the sector failed to draft a longterm strategy to stay ahead, a top global IT consultancy says.

"We're saying India would stand to lose 45 percent of that 80 percent share by 2007. India will have a 55 percent market share while other countries will have about 45 percent," Gartner research director Sujoy Chohan said.

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