TPI in Indian foray

TPI Inc, among the world's largest sourcing advisory firm, has announced its direct presence in India. The company till recently had partnership with Bangalore-based neoIT and has ended its exclusive agreement for its direct presence.

Said Arno Franz, partner & MD, TPI: "Global delivery has become crucial to our clients and integral to larger outsourcing relationships for both IT and business process services. With the contracts in India getting larger and more specific, TPI has decided it was time to enter the Indian market."

He added that establishing a direct presence in India will give their clients more immediate and accurate information on local market conditions.

"That kind of information can positively impact global sourcing management strategies for all our clients with sourcing relationships or captive centres in the Indian region," Franz noted.

TPI since its inception in 1989 has advised on more than 650 transactions with a total contract value of more than $360 billion.