$5 b worth KPO biz by 2010

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Global consultancy services provider KPMG and Nasscom today indicated that the Financial Services industry KPO (knowledge process outsourcing) is poised to be worth $5 billion in India by 2010.

In a report brought out jointly and released by the Union IT&C Minister, A. Raja, KPMG researchers indicated that while there are various projections of KPO industry that range between $10 billion and $17 billion by 2010, India is well poised to garner about $5 billion worth of financial services business.

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