Confusion over BCP plans in India
LONDON – Many firms with offshore operations in India are experiencing difficulty putting robust business continuity plans in place, according to a study released in early May by the UK Financial Services Authority (FSA).
The study said all the operations it visited in India had BCP plans in place. But firms have developed different strategies to cope with the environmental conditions in India. The study, Offshore operations: Industry feedback, said some firms "are experiencing significant problems organising local BCP options. There is no external market for warm sites (such as SunGard in the UK) as the cost of buildings is prohibitively high in comparison to the cost of labour." On the other hand, in the UK,
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