After liberalization policies adopted in 1991, India took small step towards globalization. Those
small steps proved vital towards the development of India. India opened its gates for the world
and world also grabbed the opportunity with both hands. Today, India is known for its outsourcing industry. The industry is worth billions of dollars and is the major contributor in the growth of total
GDP.
If outsourcing trends are to be believed, IT services are mostly outsourced from India. India has
hugely benefited with these trends in the outsourcing industry. Millions of jobs are created every
quarter or nearly every day. The industry has also helped people to rise above the poverty levels.
Being highly paid industry, outsourcing has empowered the ever burgeoning middle class in India.
The world is also at maximum profit due to outsourcing services provided by India. The services
provided by India are mostly cheap and qualitative. Due to these cheap and qualitative services
many companies around the world have been benefited and there is also steep decline in overall
operating cost of these companies hence it can be safely be said that outsourcing services offered by
India are have produced win win situation for itself and the world.
India is a market leader in the outsourcing industry due to its expertise in English, year after
year continuous availability of highly educated youth and its state of art technology. India is also
fortunate to have talented youngsters with the zeal to make their mark in the international arena.
In recent times Indian outsourcing industry has been challenged by other countries like China and
Philippines but the reality is that India still rules the outsourcing industry and would continue to do
so.
small steps proved vital towards the development of India. India opened its gates for the world
and world also grabbed the opportunity with both hands. Today, India is known for its outsourcing industry. The industry is worth billions of dollars and is the major contributor in the growth of total
GDP.
If outsourcing trends are to be believed, IT services are mostly outsourced from India. India has
hugely benefited with these trends in the outsourcing industry. Millions of jobs are created every
quarter or nearly every day. The industry has also helped people to rise above the poverty levels.
Being highly paid industry, outsourcing has empowered the ever burgeoning middle class in India.
The world is also at maximum profit due to outsourcing services provided by India. The services
provided by India are mostly cheap and qualitative. Due to these cheap and qualitative services
many companies around the world have been benefited and there is also steep decline in overall
operating cost of these companies hence it can be safely be said that outsourcing services offered by
India are have produced win win situation for itself and the world.
India is a market leader in the outsourcing industry due to its expertise in English, year after
year continuous availability of highly educated youth and its state of art technology. India is also
fortunate to have talented youngsters with the zeal to make their mark in the international arena.
In recent times Indian outsourcing industry has been challenged by other countries like China and
Philippines but the reality is that India still rules the outsourcing industry and would continue to do
so.
No comments:
Post a Comment