When it comes to offshore outsourcing, India is one of the leading names which come to the mind along with other competing countries like China, Philippines, Russia and Mexico. Below we have discussed some of the major reasons why offshore outsourcing to India is more beneficial compared to others.
Easy Availability of Labor:
India has a great pool of technical graduates who graduate from highly qualified Indian universities. Yearly more than 75,000 youths graduate in the field of IT and more than 20 lac graduates who speak fluent English graduate from varied Indian universities. Apart from India, China and Russia also have pool of graduates coming out annually but most of them either do not speak English or have poor English which becomes one the major minus point compared to India.
Costs Benefits in Indian Outsourcing:
Lately the Indian labor costs have gone up but they can well be set off by lower rates of the telecom industry due to its high development in the country. The typical salary range from $5,000 to %12,000 annually while $3500 to $7500 annually for non technical staff.
Offshore Outsourcing to India Aided by Friendly Government Policies:
India has a stable government which favors the IT development in the country by policies, taxation policies, power sector policies, telecom policies which favor the growth and development of IT industry in the country. The government also encourages the offshore firms to come in their country and develop huge IT parks in Special Zones and industrials parks. It favors the foreign IT ownership and also does not impose export taxes for the same due to which India has good political and social environment for developing business relations with offshore companies.
Infrastructure to Assist in Business Outsourcing:
India is quickly gearing up with some of the most developed countries in the world to produce some of the most competitive infrastructure with sophisticated facilities. The IT parks developed in the special zones are examples of world class infrastructure developing in India.
Outsourcing Benefits – Expertise in Technology:
Indian experts have great hands on development as well as maintenance as well as financial processing as a result of which experts view Indian outsourcing as a hot trend for many more critical and analytical jobs. With huge pool of educated people in India ready to work at much lower prices, it becomes increasingly beneficial and a win-win situation for all.
Source:
http://desi.net/why-choose-india-for-offshore-outsourcing/
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