India has managed to outperform countries like China, Ireland, Philippines, and Mexico and emerged as the top outsourcing destination. Recent change in government policies, fast-developing infrastructure, and an enormously talented people are responsible for the marvellous growth in Indian outsourcing companies. Over the India has came out as one of the few outsourcing locations that propose numerous advantages that allow organizations to work efficiently and resourcefully at once. Reasons why India remains the ultimate outsourcing destination –
India is an ideal location from an economic perspective. Low labour costs provide an opportunity for organizations to focus more on their business .Though the cost of work is low, there is no compromise on high level of quality that providers are looking for.
India has a unique edge over most major worldwide markets in terms of labour quality. Outsourcing business to India allows various companies to access skilled resources with a lot of knowledge and skill. This enables companies to outsource everything from customer care to skilled technical services.
India has proven to be the most cost effective. Money is at the centre of all reasons for outsourcing. Most companies do not hire in house workforce and they prefer to outsource their business to Indian companies because of lower costs and higher benefits.
India is one of the largest English speaking countries in the world. For better implementation of plans and strategies, the most essential aspect is communication. This is also one of the main reason that these countries prefer India over any other developing countries.
Modern India has a strong focus on science and technology, realising that it is a key element of growth in outsourcing sector. India is among the topmost countries in the world in the field of technology.
India has a stable government that has been strongly built over 60 years of democracy. The IT sector has always been a main concern for India’s government. The government has offered its support to the IT industry by providing various tax-related and other benefits. The government has changed the various norms and has even permitted 100% foreign equity.
April 03, 2017