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R&D
outsourcing: Rising volumes put pressure on margins
While
most software services companies graduated from Y2K to application
development and e-business, some Indian companies like HCL Technologies,
Wipro, Sasken and Mindtree were building competencies in niche areas
for their clients. Pankaj Mishra studies Indian players in the R&D
services market and finds that though volumes are rising, margin
pressures have intensified
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