<p>According to a study by business intelligence and research provider ValueNotes, the e-learning outsourcing industry will suffer the impact of the global economic recession for the next 6-8 quarters but growth is likely to pick up after that. Last year, the revenues from the e-learning offshoring industry in the country stood at approximately US$341 million.<br /><br />Considering the estimated correction in the outsourcing market in the country, the study titled ‘e-learning Outsourcing 2009: Advantage India’ finds that the e-learning offshoring industry will grow at a compound annual growth rate (CAGR) of 15 per cent till 2012, though growth will be more subdued till 2010. <br /><br />“With the global economic slowdown impacting corporate spending, companies are forced to make their training dollar last longer. Outsourcing their e-learning operations to countries such as India may be an ideal solution,” ValueNotes Chief Executive Officer Arun Jethmalani said.<br /></p>
<p>According to a study by business intelligence and research provider ValueNotes, the e-learning outsourcing industry will suffer the impact of the global economic recession for the next 6-8 quarters but growth is likely to pick up after that. Last year, the revenues from the e-learning offshoring industry in the country stood at approximately US$341 million.<br /><br />Considering the estimated correction in the outsourcing market in the country, the study titled ‘e-learning Outsourcing 2009: Advantage India’ finds that the e-learning offshoring industry will grow at a compound annual growth rate (CAGR) of 15 per cent till 2012, though growth will be more subdued till 2010. <br /><br />“With the global economic slowdown impacting corporate spending, companies are forced to make their training dollar last longer. Outsourcing their e-learning operations to countries such as India may be an ideal solution,” ValueNotes Chief Executive Officer Arun Jethmalani said.<br /></p>