outsource issue 31 - (Page 56)
This Issue: UK & India; EOA Awards;
New Council Launched; Pathway;
Outsourcing Works; Events Calendar
ith India expected to
spend £645 billion
on upgrading its
the next five years,
and EU countries desperate for growth,
the scramble is afoot to secure the best
possible piece of the pie. The historical
links between India and the UK put us in
an advantageous starting position: we do
more business with India than the whole
of the EU combined. And by 2015, trade
is expected to double…
We cannot just rely on our mutual history
however: relationships take a great deal of
work, and in an act of flagrant favouritism
David Cameron is intent on tweaking
the work visa system to benefit Indian
companies. A good idea, certainly. How
can we expect Indian business leaders to
invest in the UK, if they are struggling to
get into the country?
But beyond targeting India as a
marketplace, increasing expediency of
visa-issuing offers a variety of mutual
benefits, particularly as the UK is
positioned as the global strategic hub
for outsourcing, and India is still a vitally
important offshoring destination. It is the
perfect opportunity for a skills swap, as
Martyn Hart, Chairman, National Outsourcing
Association looks at recent moves to tighten the
links between the UK and India
India has an excellent talent pool in IT,
and the UK has the most experienced
outsourcing consultants and advisors in
the world, with a wealth of expertise in
the more complex outsourcing models.
It’s an excellent synergy.
As visa regulations are relaxed we can
expect more Indian people to stay and
work in the UK, making trading links even
stronger, boosting exports and creating
jobs on both sides, and the "special
relationship" will blossom exponentially.
But why stop there? The more special
relationships the UK can develop, the
better. Whilst the NOA applauds the steps
to hasten visa applications for Indian
business people, it believes that this is
not enough. We beseech the government
to make visa processing faster for
representatives of all companies looking
to bring jobs to the UK, whatever their
country of origin.
The higher the number of preferred
trading partners the UK has, the more
likely we are to radically increase our
exports – which, as the Outsourcing
Yearbook 2013 feature ‘The Economists
View of Outsourcing’ discusses, is the best
route away from gloomy economic times.
So let’s get the business visa situation
opened up for ALL our prospective foreign
direct investors, not just our Indian friends.
Let’s show the world that the UK is well
and truly open for business.
To find out more about the NOA visit www.noa.co.uk
NOA PAGES SUBBED JESS.indd 56
Table of Contents for the Digital Edition of outsource issue 31
Keys to Driving Supply Chain Outsourcing Success
Biography of a Carve-Out
Culture and Values
Redefining the Law Firm Delivery Model
Sharing the Glory
Breaking the Outsourcing Conundrum
Back from the Summit
Losing the Race Before You Put On Your Trainers
Innovate to Accelerate
Making an Impact
Home or Away?
Dead and Buried?
So What Now?
The Legal View
The Deal Doctor
The Last Word
outsource issue 31