For a company that’s looking to gain an edge in a global marketplace that is extremely competitive, outsourcing can give you a leg up on your competition. Most people hear outsourcing and they think that is just a business maneuver to eliminate jobs and keep costs down while maximizing profits, but outsourcing today is a tool that can be used to enhance and make your current workforce more efficient. When considering outsourcing, countries such as India, Philippines, and even China are popular destinations but 80% of European and US firms listed India as the most popular. Why is this? There are numerous reasons to consider India for a business partnership. Some of these include:
- Largest Technical and Professional Talent Pool: India has an enormous talent pool to select from. With a population of over 1.2 billion, there are 3.1 million college graduates added to the workforce every year!! Also, India is a large English-speaking country. It’s this quality of talent that makes India the popular business destination it is.
- Flexible Pricing Options: Personnel rates can be negotiated lower in India than in other developed countries. This flexibility allows companies the ability to be creative with their workforce and maximize profits.
- Be open 24/7: With India being on IST, this means your business can continue running while your office or storefront is closed for the night. For instance, India has a 12 hour time difference from the USA. Now you can maximize all the hours of the day!!
- Technology and Infrastructure: Today in modern India, state-of-the-art telecom and ISP (Internet Service Providers) networks exist. It’s this modern technology that allows clients to take advantage of India’s advanced infrastructure.
- Stable Government: Unlike some other outsourcing destinations, India’s government has established policies that make India a fertile business environment. The Information Technology Act, for instance, recognizes electronic contracts, bars cybercrime, as well as supporting e-filing of documents.
No matter your business needs, India offers the perfect solution to any problem or need!!