Bush's party to raise funds via Noida, Gurgaon
Bipin Chandran in New Delhi
Business Standard, January 31, 2003
The US Republican Party now has a band of young and enthusiastic fund-raisers in Noida and Gurgaon.
HCL eServe, the business process outsourcing arm of the Shiv Nadar-promoted HCL Technologies, has bagged a project to undertake a fund-raising campaign for the US Republican Party over the telephone.
This is the first time such a project has been handed out to a company outside the US. The market research and public relations companies engaged by the party usually undertake such projects.
The Republican contract comes on the heels of a successful anti-abortion campaign run by HCL eServe for a US politician.
India has generated considerable interest amongst global corporations looking at outsourcing key business processes. According to the National Association of Software and Services Companies (Nasscom), the Indian business process outsourcing sector has seen a four-fold increase in employment from 25,000 in 1999 to 106,000 in 2002.
According to Nasscom, India's IT-enabled sector will exceed $20 billion by 2008.
A clue to the jobless nature of the "jobless recovery", perhaps? Which reminds me of my gut response to the outsourcing projects proceeding at my place of employ: if collecting taxes isn't an "inherently governmental" activity, just what exactly is? Besides running for re-election, of course.