Everyday the economies of the world are become more and more interdependent. Businesses all over the globe have gone through a lot of changes over the last few years. The rise of the information superhighway has paved a path for the outsourcing industry to grow. Through this, more and more business processes are being outsourced to destinations beyond the national domain of the main companies. The effectiveness of outsourcing as part of a business model has proven to be feasible and is directly related to growth and productivity.
Why India
Productivity and growth can somewhat be called the teaser benefits of outsourcing and the country at the number one spot that provides these two is India. All over the United States and the United Kingdom, India is the preferred destination for outsourcing assignments. In recent researches, forty four percent of the worlds offshore outsourcing back office and software services are in India. It has also been noted that as many as 400 of the Fortune 500 companies have their own branches in India or are outsourcing to India utilizing Indian technology companies.
Why India? What makes India such a hot spot for outsourcing...