Global Sourcing – India
Global Sourcing/ Offshoring is more than what just meets the eye. Enterprises have to consider not just cost arbitrage but also factors such as culture, work ethics, economic climate, government support, and the availability of a talent pool. Sourcing from India ticks all the boxes and is rightfully the first choice for enterprises as their offshoring destination. India, a diverse country in many aspects and with the second-largest population has all the ingredients that makes it a popular offshoring destination. It has the largest pool of English-speaking, technically qualified people. Some estimate that India has a 100 million English speaking people and it produces over 15 million Graduates and over 300,000 post-Graduates every year. With revenues of over 180 billion dollars, technology and software outsourcing is a proven capability. India has over 6 million IT professionals with over 200,000 thousand added every year, making it the preferred choice of technology companies.
Global Sourcing from India offers a range of low-cost pricing options making India a top outsourcing provider for global outsourcers. Low cost is not the only reason which makes India top outsourcing destination, the consistent high-quality services provided by Indian firms has also enabled India to remain first choice of outsourcers. The reasons why sourcing from India is perfect are favourable government policies, fast-developing infrastructure and an immensely talented workforce. India is fully capable to handle complex turnkey projects effortlessly utilizing its skilled resources and state-of-the-art technology.
Bengaluru Bengaluru, the capital city of Karnataka, is known for its salubrious climate. Dubbed the “Silicon Valley of Asia,” Bengaluru can boast that it is home to the best Technology Companies as a result of its cosmopolitan talent pool, its consistent and high-quality work, and a
strong understanding of software concepts and applications. The young population of digital natives who possess the business acumen and innovative vigor has made Bengaluru one of the most sought-after offshoring destinations of the world. Hyderabad
The capital of Telangana, Hyderabad is also known as the “Offshoring Capital of the World.” With the best overall infrastructure, a new airport which allows global connectivity, Hyderabad is home over 1300 Information Technology and Software enterprises. The city has designated Economic Zones and Technology Parks which allow and encourage high-tech companies to cluster together.
Hyderabad’s “Ease of Doing Business” program places it amongst the most cities with the most business-friendly regulations in India. In the last few years, multiple global sourcing centers of excellence have emerged, but India continues to be home to several of the most
established cities, including Chennai, Pune, Noida, Mumbai, Delhi, Chandigarh, Thiruvananthapuram and Kolkata. The National Association of Software and Service Companies (NASSCOM) is an Indian non-governmental trade association and advocacy group focused mainly on Information Technology (IT) and Business Process Outsourcing (BPO) industry.
Established in 1988, NASSCOM is dedicated to expanding India’s role in the global IT order by creating a conducive business environment, simplifying policies and procedures, promoting intellectual capital and strengthening the talent pool.