India remains the most favoured outsourcing / BPO destination
India remains the most favoured outsourcing destination, according to CyberMedia's Global Services survey on Emerging Outsourcing Destinations in 2007.
Even as fears that the rupee appreciation and rising wage costs would blunt its edge, India still boasts of the largest number of cities (6) which figure among the top 50 emerging cities, followed by China (5), Brazil (3), the Philippines (3) and USA (3), among others.
The study identified Asia and East Europe as the favoured destinations for information technology (IT) and business process outsourcing (BPO), as 19 Asian and 12 East and Central European nations featured in the list of the top 50 emerging outsourcing cities globally. Bangalore, New Delhi, National Capital Region (NCR), Manila, Mumbai and Dublin dominated as the top five cities that have established themselves as prime outsourcing cities by servicing the global corporate world for over a decade, the study said.
The top three emerging outsourcing cities world-wide from India are Chennai, Hyderabad and Pune. While Kolkata ranked fifth, followed by Kolkata in the ninth spot.
Even as fears that the rupee appreciation and rising wage costs would blunt its edge, India still boasts of the largest number of cities (6) which figure among the top 50 emerging cities, followed by China (5), Brazil (3), the Philippines (3) and USA (3), among others.
The study identified Asia and East Europe as the favoured destinations for information technology (IT) and business process outsourcing (BPO), as 19 Asian and 12 East and Central European nations featured in the list of the top 50 emerging outsourcing cities globally. Bangalore, New Delhi, National Capital Region (NCR), Manila, Mumbai and Dublin dominated as the top five cities that have established themselves as prime outsourcing cities by servicing the global corporate world for over a decade, the study said.
The top three emerging outsourcing cities world-wide from India are Chennai, Hyderabad and Pune. While Kolkata ranked fifth, followed by Kolkata in the ninth spot.
posted by Manoj Jain @ 1:58 AM
2 Comments:
At 8:08 AM,
Vasiliy Kiryanov said…
I had several times very negative expirience working with Indian companies. Yes, it is cheap but too may risks anyway. And the worst thing is quality. Now I have found quite cheap and risk-free company in russia like: www.helion-prime.com .
May be there are good outsourcing providers in India but I have not found them.
At 7:25 PM,
Unknown said…
India is one of the largest growing outsourcing destinations in the world.
India`s low cost, educated labor force is attracting multinational companies
all over the world to outsource their business and setup their back offices
in India.This article was published in The Wall Street Journal on
february 11,2008.
The economic concept behind this article is the #5 principle of Economics
by Gregory Mankiw - trade can make everyone better off - this principle
has direct relationship with this article. Trade can make everyone better.
Because of the India`s low cost and educated labor force and their
specialization in outsourcing industry. India`s tech and business process
outsourcing industy is growing fast and boosting economic development.
Swiss bank UBS AG has a back office employing about 2,000 in tech
hub Hyderabad.
As US companies came under pressure, in a recessionary environment,
it`s good idea to cut thier costs. This industry has propelled India onto
the front lines of global commerce. From this article we learned that trade
boosts economic growth for both the countries.
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