"Offshore Development (Outsourcing
to India)" in
the IT world is the term most often used to describe the
business of outsourcing software programming, web and
multi-media projects to contractors or wholly-owned
facilities located in foreign countries with lower labour costs. India is the largest provider of such
services, estimated to be worth $6.3 billion in
2000-2001.
You know the reason behind India being the main
destination for IT-enabled services for major global
companies?
Here they are !
India has a virtual 12-hour time zone difference with
USA and other major markets for IT-enabled Services
India has a huge pool of English speaking and computer
literate graduate manpower, who will continue to cater
to the growing demand for professionals for IT- enabled
Services. These professionals are skilled as well as
quality conscious.
Cost of qualified personnel is amongst the lowest in the
world.
India provides an income tax holiday till 2010 for
export of IT-enabled Services .
Many State Governments in India offer special incentives
and infrastructure for setting up IT-enabled Services.
India enjoys a very strong brand equity in major
markets, thanks to its growing and globally competitive
software industry.
More than 185 of Fortune 500 companies already have
offshore centers in India. Therefore vendors in India
are used to dealing with the requirements of an offshore
initiative.
Business Process Outsourcing (BPO) in India is the
current trend and largely growing industry of the year.
Outsourcing to India is a boon in all aspects to India
as well as offshore organisations. Outsourcing to India
includes web design and development services, software
development, transcription services, data extraction
services etc. |
