Can Indian CRAMS firms cash in on the global slowdown?
This article was originally published in Scrip
Executive Summary
Will the global economic slowdown brighten short-term outsourcing prospects or would it cast a pall over India's custom research and manufacturing services (CRAMS) segment that is projected to touch $7.6 billion by 2012? While the jury is still out on the segment's prospects amid the turmoil, experts say that Indian CRAMS firms may have to offer more than mere cost arbitrage to rake in the moolah.