Medical Device Sector May Find Expansion Opportunities in India
Most Americans are familiar with call-center outsourcing to India. But in a trend that may be gaining momentum for the medical device industry, more jobs in this sector might be headed overseas. And those jobs aren’t just manufacturing components – they run the full gamut from research and development through to product launch.
A survey conducted by Knowledge@Wharton, the online business journal of the Wharton School at the University of Pennsylvania (Philadelphia), and HCL Technologies (Noida, India) reveals that medical device companies see outsourcing as a competitive and cost-saving advantage.