The offshoring/global sourcing story of India began in 1985 when Texas Instruments set up its office in Bangalore. In the 1990s, many airlines and technology companies started their India operations. India has, since then, maintained its dominance in global sourcing of services, owing to its mature ecosystem. India is the first choice for enterprises wanting to either offshore work or outsource work. Unlike operating with an outsourcing provider in western countries or hiring an in-house team, offshoring to India helps you reduce the total cost without compromising services or quality. Add to that favourable government policies, fast-developing infrastructure, and an immensely talented workforce. Cost remains the prime motivator for enterprises looking to offshore work to India.

It reduces the expenses related to employees, such as recruitment, salary, etc., and decreases the cost of setting up new infrastructure.

This is largely due to the lower cost of living in India than in Europe and the Americas. Information Technology is one of the top industries in India, and the Indian government has favorable policies that make the country an excellent offshoring destination. Since the introduction of the Information Technology Act, 2000, the Government of India has played a significant role in giving tax-related and other financial benefits to businesses. And, when you combine that with movements like Digital India and economic reforms like Goods and Services Tax (GST), offshoring to India becomes even more desirable. A strong technical education-oriented mindset coupled with the fact that India is the largest English-speaking country makes a very strong case on why enterprises prefer India over other offshoring destinations. In addition, India has a clear and transparent legal structure, a very strong bureaucratic ecosystem, and an increasingly robust framework on safeguarding intellectual property rights.

Companies like Gloplax, helmed by experts with decades of offshoring experience, have the infrastructure, manpower and the capital to manage both big and small offshoring requirements.