Indian programmers expensive: SAP
SAP is cutting its recruitment of Indian experts because they are too expensive and is instead looking towards China.Updated: Jan 30, 2006 13:57 IST
SAP, the world's third-biggest software company, is cutting its recruitment of Indian experts because they are too expensive and is instead looking towards China, its head said.
With Indians pricing themselves out of the market, SAP preferred to recruit in China and low-cost eastern European nations.
"India is getting too dear," said SAP chief executive Henning Kagermann in the interview with the Financial Times published on Monday.
"We've decided to only recruit a certain number more from there, and then to start looking around in other locations."
The Indian software industry, particularly companies based in Bangalore and other high-tech centres, has attracted huge interest over the past decade from international investors seeking sophisticated skills at low salaries.
First Published: Jan 30, 2006 13:57 IST