outsource issue 31 - (Page 56)

This Issue: UK & India; EOA Awards; New Council Launched; Pathway; Outsourcing Works; Events Calendar Trade Winds are Blowing ONCE AGAIN W ith India expected to spend £645 billion on upgrading its infrastructure over 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 56 ●●● www.outsourcemagazine.co.uk NOA PAGES SUBBED JESS.indd 56 21/3/13 17:10:57 http://www.noa.co.uk http://www.outsourcemagazine.co.uk

Table of Contents for the Digital Edition of outsource issue 31

Upwardly Mobile
Keys to Driving Supply Chain Outsourcing Success
Biography of a Carve-Out
Culture and Values
Redefining the Law Firm Delivery Model
Sharing the Glory
Norn Ironman
Breaking the Outsourcing Conundrum
NOA Round-Up
Back from the Summit
Losing the Race Before You Put On Your Trainers
Innovate to Accelerate
Comparing Clouds
People Power
Making an Impact
Home or Away?
Dead and Buried?
So What Now?
The Legal View
Top Ten
NelsonHall Round-Up
Sourcing Sage
Online Round-Up
The Deal Doctor
Inside Source
The Last Word

outsource issue 31