India the Center of Business Process Outsourcing
The Size of Indian business process outsourcing industry is $23-billion, and according to industry experts it will increase around 15%,
When it involves business method outsourcing, India is one of the favorite destination . India emerge as a leader in outsourcing. Almost 70% market share in the world BPO market is of India, nearly 50 % of the fortune companies outsource to India.The Indian outsourcing company produce good quality work and offer services at highly competitive rates. Beside this, there are several reasons why Republic of India is hub of outsourcing.
Cost Effective Services
Due to reduce operational cost, lower labor cost, Outsourcing to India will result in 60% reduction of total cost of project.This is No.1 reason, why India is the hub for outsourcing.
Access to talented professional
Ever year, Indian universities produce nearly 5 million graduates . As more than 50% of the population is below 35 so ,access to young talented professional is also high. Bless with its highly talented professional India has enable to provide reliable and accurate service.
Communication Skill
Ever year Indian universities produce nearly 5 million graduates . As,50% of the population is below 35 so, access to young talented professional is also high. Bless with its highly talented professional India has enable to provide reliable and accurate service.
A matter of geography
India’s time zone has its own benefit, Organization can take the benefit of 24*7* days services by outsourcing to India.
Flexible government policy
India is the largest democracy in the world, and has one of the world’s most flexible governments. Nearly 70% of US and European countries prefer India for outsourcing. Flexible government policies have its own great advantage
In the words of Hiso Tanako, Director , President & CEO of Toshiba corp.
“India is not just a market, it is a strategic hub to the world.