Outsourcing To India
Most of the Fortune 500 companies such as Microsoft, Morgan Stanley, Philips,
Oracle, Reebok, General Motors, etc. are targeting India for IT outsourcing,
considering the following factors:
1.
India's abundant human resources
Being the world's second largest populated country, human resources are
a boon by itself in India. Just as the Gulf is prominent for its natural
resource of crude oil, and South Africa for its alluring diamonds, India
is proud of the opulence and easy availability of its highly qualified
and technically skilled English speaking computer professionals, and other
professionals.
2.
Cost effectiveness of IT outsourcing in India
Substantial cost saving can be obtained by IT outsourcing to India, owing
to the wide gap between the personnel costs in India and that of the developed
countries. Offshore outsourcing to India extends considerable economical
benefits for those who are prepared to exploit the exclusive advantages
of outsourcing.
3.
International quality that firms doing IT outsourcing in India guarantee
The Indian companies engaged in IT outsourcing in India offer high quality
work, meeting global standards and complying scrupulously with the ISO
& SEI-CMM standards. Three out of every four SEI-CMM 5 companies of
the world is located in India.
4.
The expedient & reliable communication facilities
Comprehensive telecom, ISP, and cellular networks are conveniently available
in all cities of India. India boasts of reliable satellite and submarine
communication links which facilitate good band connectivity with various
parts of the world. Hence, companies involved in the IT outsourcing to
India, can be in easy touch with the vendors of all over the world without
any connection hurdles. This plays pivotal role in determining the rapid
success of offshore IT outsourcing to India.
5.
Technologically advanced outsourcing firms in India
India's technologies provide ingenious software solutions. The applications
include E-commerce, System Migration, Business Process re-engineering,
Maintaining Legacy system, System integration etc. India prides in offering
outsourcing facilities which are required to compete with others.
6.
Fast Growth in Indian economy
The service sector in India contributes over 50% of the GDP. Computer
software export from India was highlighted with a growth rate of 40%-50%
per year during the 90s. India is the second largest software exporter
in the whole world, and commands a large number of renowned business houses
and public sector units.
7.
Stable government facilitating IT growth
India commands a stable pro - IT government whose policies, GDP growth,
taxation, economy, power, telecom, industrial parks & special zones,
etc. have been of great help in improving the infrastructure as well as
communication. The government of India proves to be a great support for
the software firms by further offering all the basic facilities needed
for an outsourcing company to flourish, and thus playing a major and significant
role in contributing to the amazing success and well-being of IT outsourcing
to India.
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