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Mauritius is emerging as an important offshore destination for IT/BPO. The industry currently employs ~10,500 people and has attracted a number of marquee global companies. The industry has also grown rapidly at a rate of ~45% per year compounded annually over last 5 years.
Mauritius is widely regarded as a relatively developed nation even though it is a part of the African continent. Its economy registered a healthy GDP growth (in excess of 5%) in recent years. Further, Mauritius witnessed a significant uptick in its services economy over the past decade. Though primarily driven by tourism, the services economy rapidly expanded into other sectors including offshore financial services and IT/BPO. Mauritius has identified IT/BPO as a key pillar for its economic growth and has put in place an ambitious vision for this sector. It targets to attract ~29,000 jobs by 2011 and also aspires to move towards “high value-added” niches. To this point, Mauritius has put in place several enabling initiatives to support the growth of the sector, including setting up infrastructure parks, talent development initiatives, and investor-friendly business policies.
This executive summary, drawn from a larger study, presents a fact-based view of Mauritius’ current IT/BPO capabilities and highlights its key differentiators with respect to other offshore destinations. The document also outlines potential ways investors could leverage Mauritius in offshore delivery of IT/BPO services. If you are interested in additional information on Mauritius, please contact the report authors H. Karthik or Shyan Mukerjee.
Market Vista: Q3 2009
Market Vista: Q3 2009 gives an overview of the global sourcing market
through trend analyses, focus topics, and data snapshots. This report
includes insight on output-based pricing in ITO, financial services spotlight, and fact-base on key cities in Asia.
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