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A study conducted by Boston consulting group indicates
that the number of jobs in India due to outsourcing is
about to touch 30 million by 2020 and with more and more
companies and entrepreneurs setting up BPO operations
in India that estimate seems to be quite a reality.
With a collective population of over one billion people
and in excess of 3.1 million graduates per year, the Indian
sub-continent has the largest pool of technical skills
in the world. With such a skilled workforce it is easy
for outsourcing companies to find the talented employees
they require at affordable rates.
“The attraction of India for us was not only numbers but, more importantly, the quality of the talent. We've taken on people who are innovative and creative and can really contribute to the business.” Tom Hyde, STI Upstream business manager, Shell.
With over 350 million people speaking English, the
Indian sub-continent is the world’s largest
English speaking region. India has more English speakers
than the US and UK combined.
This is one of the key aspects as to why India is the world’s number one outsourcing destination.
India alone commands 65% of the world’s BPO
offshore outsourcing market. For one country to alone
hold such a significant share of the outsourcing
market is certainly a reflection of India’s
dominance in this industry.
Furthermore, 80% of US and European outsourcing firms ranked India as their number one outsourcing destination.
India has excellent international data communication links and internet access in major cities. With the Indian economy rapidly growing, the Indian government has invested heavily in infrastructure, technology and communication links. With significant support from the government, India has been able to build high-tech areas where technology and infrastructure are of international standards.
When companies such as Cisco, Oracle or Hewlett Packard
outsource to India they do so because they are confident
they will have access to talent, quality results, fast
turn around times and low costs. That so many multi-billion
dollar companies outsource to India is yet further evidence
that India is renowned around the world as the outsourcing
hub of the world.
“We believe that India is the hub of the world where the ICT sector is concerned,” said Mr Elfrink, (Cisco Systems) following a $1.1 billion outsourcing investment in India.
Cost reduction was only part of the reason that companies were considering offshore outsourcing, there were benefits to be had in time-to-market and quality, leading to an adage that companies initially chose India to save costs but stayed for the speed and quality!” (National Outsourcing Association (NOA)).
India had a Gross Domestic Product (GDP) growth rate
of 9% for the fiscal year of 2007-2008. If India can
maintain this rate of growth (which it has done for the
past several years), India will be the first developing
nation that used its brainpower, not natural resources
or the raw muscle of factory labor, as the catalyst.
This is a tribute and reflection of India’s huge
educated talent pool and thus why companies choose India
Today Indian outsourcing is one of the best ways for businesses to cut application development and maintenance costs.
Thus why not outsource with us?
The time, money and effort required to set up offices abroad makes outsourcing small quantities of work not cost effective and unrealistic. Staff India lets you use our outsourcing infrastructure so you don't have to put in place your own, thereby making the outsourcing of even small quantities of work possible. With Staff India outsourcing even small quantities of work is now made possible and cost-effective because we pass onto you the cost benefits from our offices economies of scale.
With over 350 million people speaking English, the Indian sub-continent is the world’s largest English speaking region. India has more English speakers than the US and UK combined.