Six Reasons Why Outsourcing to India Makes Business Sense
India has been an outsourcing stronghold for IT-related services for long, thanks to a string of advantages – IT-proficient workforce, flexible pricing options, infrastructure capabilities, high end IT services, continued Government support, among others.
Almost 1.5 million engineering students graduate in India every year. The country is home to the institutions of the likes of Indian Institutes of Management (IIM) and Indian Institutes of Technology (IIT), and also holds the advantage of having a large number of English speaking professionals. Apart from the price, it is the quality of talent that attracts companies. When outsourcing to India, you have access to a talent pool of innovative human resource, who can really contribute to your business.
Indian IT services have moved ahead of the times when these were confined to back-office operations. Moving up the value chain, Indian outsourcers now offer a high quotient of innovation, skills, and sophisticated development solutions. NASSCOM (The National Association of Software and Services Companies) predicts the Indian IT and ITeS industry to grow to about $300 billion by 2020, particularly in areas such as e-commerce and software products.
Flexible Pricing Options
The salary of IT professionals in India is a fraction of what they get in the US, resulting in significant savings for the companies that are outsourcing. For instance, if you are paying an engineer in the US anywhere around $50, you can get professionals with similar skills for as low as $15 in India. This is great savings even if you add administrative, IT support and other costs. Flexibility of costs enables companies to be creative with the budget and rake in more profits.
Major outsourcing centers in India have well-developed transport and communications infrastructure. Facilities of the leading software companies roll out the latest in software technology, providing clients customized solutions for various applications. You can be assured of finding the best-of-class servers, uninterrupted communication channels and high-speed bandwidth via satellite connectivity, fiber optic networks and submarine cables.
Professionals in Multiple Domains
Indian outsourcing companies are broad-based enough to handle a string of domains for clients – IT outsourcing, mobile apps development, sales and internet marketing, engineering and architectures, graphics and web designing, business process outsourcing (BPO), multimedia and animation, among others.
Continued support by the Indian establishment to IT companies has helped them sustain growth. IT industry is getting tax sops and other economic benefits through SEZ (special economic zones). Government support to outsourcing initiatives has now extended to tier 2 cities, after the development of state-of-the-art IT parks in metro cities.
The 12-hour time difference provides India clear advantage over other marketing destinations, making the country the right option for companies planning to outsource. This creates opportunities for work to be completed earlier than expected, facilitating greater efficiency and more time to focus on other tasks.
In fact, outsourcing to India can prove be one of the most outstanding decisions you have ever taken, providing you the tools needed to edge out the market competitors.