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India is the most "attractive" destination for offshore business for US corporate chiefs. Besides, in the next five years US financial services companies would transfer half a million jobs to foreign nations.
These are the findings of a study made by A T Kearney. As per the study, leading American companies including General Electric, GE Capital, Citigroup and American Express have 15,000 employees in India alone, and plan to add another 5,000 by year-end.
Corporate chiefs list India as the most attractive country overall for offshore business processing, followed by China, the Philippines, Canada, the Czech Republic, Mexico, Australia, Brazil, Ireland, Hungary and Russia.
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