Indian KPO market to cross $10 billion mark by 2012

The Associated Chambers of Commerce and Industry of India (ASSOCHAM) predicts that the Indian Knowledge Process Outsourcing (KPO) industry could cross the $10 billion mark by 2012 if the industry is opened for biotech and nano experts.

The current market size of KPO sector is around $5.5 billion and it is growing at a rate of 15 to17 per cent, led by industries such as management, medical and engineering, Assocham said.