Wal-Mart to Start Outsourcing More to India
OPS_admin | Jun 08, 2009 | Comments 0
Wal-Mart to Start Outsourcing More to India - BusinessWeek
The U.S. retailer is considering TCS, Wipro and Infosys for $500 million outsourcing deal
Wal-Mart Stores has shortlisted top Indian tech firms, including TCS, Infosys and Wipro, for an outsourcing contract potentially worth up to $500 million over next few years, as the retailer seeks to award multiple contracts for managing its business applications and other back office activities.
At least two people familiar with Wal-Mart’s outsourcing strategy told ET on conditions of anonymity that the retailer is expected to start outsourcing more to India within six months.
“Wal-Mart has been testing the waters by outsourcing smaller projects to companies such as Infosys, TCS and Wipro. Now, the retailer wants to flesh out a more comprehensive outsourcing strategy and has shortlisted these tech vendors,” said a senior executive of one of the tech firms exploring business opportunities with Wal-Mart. He requested anonymity because he is not authorised to speak to media.
via Wal-Mart to Start Outsourcing More to India – BusinessWeek.
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