Why do foreign companies prefer to outsource to India?

Research surveys have proved that India is the most preferred outsourcing location in the world. In the United States alone, more than 90% have ranked India as their first choice for outsourcing IT and software services.

Over the years, the United States, Canada, Europe and the United Kingdom have recognized the country of India as an outsourcing superpower.

Main Reason?

The cost of labour in India is much lower when compared to any other country. Though the cost of labour is low, there is no compromise on the level of quality.

See the salary trend below:

The availability of skilled manpower and cheap labour rates have attributed to the growth of the outsourcing business in India

Research surveys have even proved that Indian professionals are technically superior when compared with IT professionals from other countries. Global businesses love to outsource to India as they can get access to a highly educated workforce that is experienced, skilled, computer-literate and is the second largest English-speaking scientific, technically talented and executive manpower in the world.

Another biggest reason is the high potential of Indian market and economy. Besides, established big brands have already impregnated the U.S. and European markets. But, the Indian market still offers a lot of scopes and spaces for those to grow. Because India has large depository of skilled yet cheap labour. Hence, it becomes easy for the American companies to optimize their productions in India.