Indian Consulting Challenge From BusinessWeek Magazine: Indian Consulting firms, like Infosys, Tata and Wipro, are giving the big 5 a run for their money. The Indians have manage to gulp big market shares by undercutting the costs of the big 5 with cheap labour -- now however, the big 5 are getting smart. Already IBM and Accenture have announced plans to open operations in India and China, and hire thousands there -- the Indian consulting companies are busily trying to open North American offices -- who will win? Well, most likely there will be a fewer companies left standing than what went into the fray. For companies that rely on hired guns it may be a time of opportunity as they reap the rewards of competition, but you have to be careful of who you decide to partner with for long term contracts.

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