Why is India the worldâ€™s favorite outsourcing destination?
Largest technical/ professional talent pool in the world Indian universities and colleges produce 3.1 million graduates every year India has the largest pool of technical skills in the world It is easy for companies to find the talented employees they require at affordable rates
India is a one-stop outsourcing destination There is more to India than just call centers or IT programmers Companies can outsource engineering, accounts, law, marketing, HR and much else
China is only remotely close to India in terms of numbers However, unlike India, professionals in China do not speak English
India, the world's second largest English-speaking nation About 350 million people speaking English in India India has more English-speaking people than the US and UK combined The effects of British colonial rule resulted in English being taught in schools at a very early age Even road signs in India are marked in both Hindi and English Legal court cases are tried in English Outsourcing to a country with a large number of fluent English speakers is a boon
Outsourcing statistics/ figures don’t lie: India alone commands 65% of the world’s BPO offshore outsourcing market This reflects India’s dominance in this burgeoning industry 80% of US and European firms ranked India as their number one outsourcing destination
India's superior infrastructure, technology and communication links India has excellent international data communication links All the major cities are well connected by the Internet Indian government has invested heavily in infrastructure and technology India has built high-tech areas where technology and infrastructure are of international standards
Global confidence in India Multi-billion dollar companies outsource to India Companies such as Cisco, Oracle or Hewlett Packard outsource to India They are confident of access to talent, quality results, fast turnaround times and low costs
Not just Low Cost but also High Quality Cost reduction is only part of the reason for outsourcing to India The quality of services they get from India is at par with the best in the world Google recently announced to set up an R&D center in India Graduates of the nation's top schools were considered for employment The company's move reflects that outsourcing to India is not just about low cost The move reflects Google's confidence in Indian's vast talent pool
India VS Other Outsourcing Destinations Why is India the Worldâ€™s Favorite Outsourcing Destination?