Outsourcing refers to subcontracting a service/s e.g product design to the third party.
IT sector is one of the most popular sectors in India.Besides it is the fastest growing sector.India is the second most popular countries in the world for IT outsourcing. Amongst all IT knowledgeable countries India is ranked as the most refined IT solution provider.There are a number of key factors responsible for outsourcing in India.
1. Human Resource : India is one of the most populated countries.Availability of talented and skillful IT people in India make it a good destination for outsourcing.
2.Cost Factors: Indians professionals are available at low costs and resources.This is also the basic reasons for outsourcing in India .Resources are available here at cheaper costs and thus high turnovers for the companies are possible.If they get there work done by there own employees then they will have to pay more and provide more resources.
IT outsourcing is boon to India in terms of employment.It act as the platform for Indian IT companies and professionals to utilise their skills efficiently.Moreover India has been able to offer s/w products and servies which match global standards of quality.
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