India is getting expensive…

yes, according to the CEO of SAP, Mr  Henning Kagermann.

An excerpt from the above URI

“India is beginning to get expensive,” the group’s CEO Henning Kagermann told the Financial Times Deutschland. “We have decided to hire only a certain number (of people) there and then commence to look around for other locations,” he declared. India has to date been one of the major research and development locations of SAP.

“Mr. Kagermann is also aiming to expand the company’s research and development capacities in Eastern Europe. Compared with India, costs there were not as high and there was less fluctuation of staff, he said. In addition, unlike the case of India, infrastructure in Eastern Europe was fairly well developed throughout, he added.”

IT Biggies in India…This should ring some bells in your heads…

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