Sunday, June 7, 2009

Offshore Outsourcing India

Now, we can say India has become the main benchmark for Offshore Outsourcing Development work. Every year, NASSCOM, national association of software service companies hosts a conference in region of United Kingdom for the motivation to bring more organizations from UK to become part of outsourcing and start dealing for the software development and IT related service business to Offshore Outsourcing form India.


There are number of British organizations such as Standard Chartered, HSBC and British Telecom those are heavily rely on Offshore Outsourcing to India. They do outsourcing for saving more than 50 per cent of the cost according to some of research analysis firms. Analyst also tells that, it would not take much time for one of the Indian IT Outsourcing organization to take top position out of five top most technology companies around the globe.


Currently outsourcing to India is Ten billion American dollars and out of that, two billion businesses are coming only from European countries. Currently, this is growing with the rate of thirty per cent and, the earning from Indian export would be 50 billion $ which make total revenue jump to 87 billion American dollars.

Software industry and IT Outsourcing is accounting for more than twenty five % of all exports to India. With this massive demand in outsourcing of software to India, the country is providing 501,000 new Information Technology and engineering students every year to fulfill the demand.

No comments:

Post a Comment