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      Holland to boost outsourcing to India


      The Dutch Deputy Prime Minister and Minister for Economic Affairs, Laurens Jan Brinkhorst, said his government would encourage outsourcing in the ICT sector and would work to convince Dutch industry about the benefits of outsourcing to India.Brinkhorst, who is leading a 50-member trade delegation, is convinced outsourcing and offshoring is a win-win deal and his government also planned to enable the process by easing visa processing for Indian professional and knowledge workers.

      Brinkhorst also said the Netherlands is looking for trade relations between companies in the two countries in agriculture, power, water management and cable technologies.

      "Companies in this delegation are looking for partnerships in outsourcing, offshoring, and for imports. In Karnataka, the delegation has identified the ICT sector, agro-food complexes and biotechnology/life sciences and pharma development.

      "A third of the Netherlands is under water and we have technologies in water purification and management and in building harbours and ports that we would like to enter into partnerships on," Brinkhorst said. Brinkhorst will also be signing MoUs with some institutions and the Ministry of Agriculture and was planning to talk to the Union Finance Minister on allowing higher FDI in the banking and insurance sectors.

      "China gets about $7-8 billion in FDI and similar funds can flow into the country to enable through such FDI permissions that will enable infrastructure development," Brinkhorst said.

      October 25, 2005


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