“Executives said wage pressures have been a major headwind. The sector’s quick rebound from the global downturn has forced companies like Wipro, Infosys and Tata Consultancy Services to ramp up hiring and increase wages in a scramble to hold on to staff.”
If in doubt…Just ask QC…and their challenge to meet growth targets….Throwing 10x “outsourced contractors” in one big kitchen with turnover left and right in India isn’t sticking…LOL…