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STAY
AHEAD OF YOUR COMPETITION. OUTSOURCE TO INDIA
Major global consulting firms, including Giga, Forrester
Research, and McKinsey & Co., cite India's quality-cost
benefit edge as just one major enticement causing
the sharp increase in offshore outsourcing to Indian
companies by multinational corporations. And, there
are many other very compelling reasons to look to
India:
Service is a Career
Every year, India’s technical universities produce
about 100,000 engineers, while 2.1 million other
graduates and 0.3 million post-graduates emerge
from India's non-engineering colleges.
Service has emerged as the most popular long-term
career for over 60 percent of graduates. Additionally,
the government and the corporate sector operate
a number of training programs targeting industry
certifications.
Friendly Government & Trade
Policies
Liberalization and deregulation initiatives taken
by the Indian government are aimed at supporting
growth and integration with the global economy.
More and more international companies are seeing
the potential in India and are outsourcing manufacturing
activities or setting up joint ventures to take
advantage of the highly skilled but inexpensive
labor.
Large Pool of Quality Professionals
India has a large manufacturing industry with technical
strengths recognized the world over. Drawn from
a vast workforce of educated, English speaking,
tech-savvy professionals at a cost-effective, rate
of approximately $5,000 per year, versus the U.S.
average of $40,000. This is a boon for manufacturers
looking to cut costs and stay a step ahead of their
competition.
Stable environment leading
to Business Continuity
A large country, India offers geographical diversity
and more than four major commercial hubs for running
global operations and ensuring business continuity.
A fledging democracy, a strong legal system, a stable
political system and a pluralistic society – all
these factors make India into a stable geographical
location for outsourcing critical business functions.
India—The Knowledge Powerhouse
Emerging in the last decade as the world’s most
influential resource of technology enabled knowledge
services, India sees its leading companies earning
reputation as mega-watt service providers. Companies
with presence in India have enabled their customers—predominantly
US and European—to achieve high quality results,
at a much lower cost than using in-house or domestic
outsourced services.
These factors have led to India becoming the global
destination of choice for some of the best-known
and admired companies |