Outsourcing

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Higher education standards, a well-versed English-speaking population, low operating costs, availability of the latest technology infrastructure and adherence to international standards are some of the key factors which has made the outsourcing India an easy but reliable cost savings alternative for corporate conglomerates. A stable, supportive government and an open market economy are two other major factors which has made India the safe haven for any outsourcing activities. As the living standards and GDP are improving, there is a huge market potential to be tapped into, which the US companies are also realizing.
The telecommunications infrastructure and energy generation facilities have significantly improved to cater to the increasing demand from the influx of foreign direct investments. State-owned Videsh Sanchar Nigam Limited has long-term contracts to use the high-bandwidth international cable lines ensuring smooth connectivity with overseas corporations. The telecom industry has been de-regulated resulting in increased competition among the local service providers and hence reduced costs. Telecom costs have dropped by almost 85% in three years. As per a recent survey conducted, the business process outsourcing India has registered a growth of about 70 percent a year. With the adoption of global standards for security and privacy, service providers in India have proved beyond doubt their dedication towards maintaining the strictest standards for information security. The companies have also well-equipped themselves with contingency planning and crisis management capabilities.
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Outsourcing