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.