27 August 2013
Adam Hughes, PA IT expert, is quoted in the Financial Times in an article on reverse offshoring. The article addresses offshoring, which once was a one-way road, but more recently this has reversed. Jobs are now being created for UK professionals to service companies in emerging economies.
The article explains the reasons why different companies are reverse offshoring and focuses on Indian companies who use UK professionals due to the service provided and the ease of servicing customers in the US and Europe.
The article goes on to explain that PA’s Adam Hughes set up PA’s India office 12 years ago. Adam explains that Indian companies face pressure to bring high-value work closer to home because western companies have much higher labour costs.
He goes on to say: “If they think they can get even 60 per cent of the skillset locally, they will do that. We are also seeing a lot of Indian nationals, who have spent 10 years in the US and the UK, moving back. They have earned their dollars or pounds and can have a good lifestyle in India while taking that skillset back.”