India is still one of the hot destinations for Outsourcing
A lot of people in the United States and United Kingdom know India for being the outsourcing destination of the world. Cheap labor, expertise in English language and technically inclined workers are some of the benefits India provide to the companies wanting to outsource their work to other countries. And the trend still exists as per a report by outsourcing consulting firm neoIT.
The report claimed that the U.S businesses looking to place their technology operations offshore are more likely to give preference to countries like India, Canada, or China. These were the top three destinations in its report of 14 possible IT outsourcing destinations. The company said that India offers cost competitiveness, a highly skilled labor pool … and a high level of service maturity.
India also excelled in the IT services exports, with sales topping $12 billion last year. Canada was second and excelled for being closer to USA geographically. It also gained positions for having a highly skilled labor force. China was third and excelled for its low cost, large pool of skilled labor and rapidly improving infrastructure. However, China loses much of their advantage due to lack of people who speaks the English language.