Hyderabad, Jan. 1 Job cuts, perks slash, cap on expansion are now common trends in the Indian IT/ITES sectors, reeling under the impact of the recession in the US.
However, there seems to be one segment, which is bucking this trend — medical transcription (MT). In fact, there are jobs to be grabbed, say some of the big companies.
Transdyne, among the top 10 MT companies in India, for example plans to add 300-400 staff in 2009. At present, the company has 1,200 employees, mostly in Hyderabad and a few in Vijayawada.
“Our optimism is based on the feeling that a big chunk of business was waiting to be moved to India from the US, which is the biggest source for the Indian MT industry,” said Mr Raghu Vasu, CEO of the company.
The Indian model for providing outsourced MT work is proven in the US. Also, since healthcare is reasonably recession proof, big budget cuts are not expected and hence contracts should be coming to competent Indian companies, he told Business Line.
Bangalore, Hyderabad and Delhi are the main centres for MT, with about a dozen companies being bigger than 1,000 employees.
Unlike the BPO/ITES segment, where accent barriers and time differential for working are demanding, the MT sector does not require high English language skills and the outsourced work time coincides with the day in India. This provides opportunities for housewives, graduates etc to take up jobs.
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Thursday, January 1, 2009
Job opportunities galore in medical transcription
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1 comment:
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Thanks for this good post...
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