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Why is India an Advantage?
Most parent companies, who outsource their work to foreign or external organizations are unaware that Indian companies do not only offer cost reduction factors while working, but also cost effective solutions and value addition by improving the quality and accountability of their work. Also, Indian software vendors offer other added advantages to their work, which makes outsourcing to India, the best choice for Offshore Outsourcing.
Firstly, the legal framework in India is stable and supportive. The Government of India is emphasizing on its IT sector, rating it as one of the top priorities. Also, now India has a separate Ministry of Information Technology, which will help to accelerate the sanction, performance and implementation of IT projects. And now, The Information Technology Bill that was passed in May 2000, in the Indian Parliament, has been notified as the IT Act 2000, confining the IT industry within the boundaries of law, rules, regulations and rigorous punishments to "cyber criminals".
Secondly, with outsourcing your work to India, you get a competitive edge over your opponents, as you can improve your company focus and concentrate on building and strengthening your core business, while we handle for you, the functions and activities that are difficult for you to manage. Many international brands are flourishing doing the same after outsourcing their works to India such as Microsoft, Intel, IBM, HP, Dell and Google.
Thirdly, India is a talent rich country and offers you the confidence and in-depth experience that it already enjoys with the various major global clients and corporations. The Indian universities add 180,000 engineering graduates to its ranks annually; making India offer the largest pool of work force and technical skills to the software world. So, when outsourcing to India, you will be offering your work in the hands of a mature industry with world-class technologies, systems and quality.
Fourthly, the Software Technology Parks of India offer top-notch infrastructure and various incentives and special considerations to encourage, support and promote software development in India. According to Nasscom, India will soon have the highest number of ISO-9000 software companies in the world. A study by the Export-Import bank of Japan resulted in India being ranked second in Asia, in terms of investment potential for the next 10-year period. Also, privatization of the infrastructure sector is leading to a rapid growth in the communications sector.
Fifthly, India is a multi lingual society, with most of the citizens affluent with minimum three languages, one of them mostly being their mother tongue and one being English, as it is mostly the second language studied, making Indians the second largest English speaking population in the world.
Lastly and most importantly, the cost reduction and cost effectiveness while outsourcing work to India. Actually, it is mainly due to the economic factors, that outsourcing is taking place today! And this system seems to be working perfectly for the people who outsource their work, as well as for those that take up the projects and contracts. This is because it cuts there operational costs, gives them better and productive results and more time to focus and build their core business while the external company shares their risks and provides them results through latest technologies and expertise.
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