Over the past few years Asia has become one of the most favored outsourcing destinations in India. More and more businesses are preferring to work with Asian outsourcing companies for a various number of reasons. In a recent survey, 80% of US and European businesses have listed India as the top outsourcing destination. Therefore, some questions arises “Why do companies outsource to India?” and “Why is India the Hub of Application Development?”.
Even though there are many other countries who have emerged as major competitors. However, IT outsourcing companies in India are the top ones to work with.
When we started the research at ValueCoders to find out why do companies outsource to India and why is India the hub of application development, we found some of the following favoring reasons:
India’s population which is over 1.3 Billion
India is having a population of over 1.342 billion people and around 5 million students are graduated every year and are added to the workforce.
India is also one of the country where large portion of people speaks English(125 million) as compared to other countries of the world. Other than this, India also has the quality of talents which attracts various businesses.
Cost-Effectiveness Why is India The Hub of Application Development
Cost effectiveness by software development companies in India in their services is one of the main advantages that India offers. Flexibility in pricing allows businesses the freedom to manage their budgets and provide them huge set of benefits. This pricing factor is the main reason why there is a huge gap that exist between personnel costs in India and that of the developed countries.
Quality of Services
As we all know, quality is an important factor and plays an important role in outsourcing. IT outsourcing companies in India is constantly providing high quality services throughout the country. This has also enabled India to remain as one of the top outsourcing destinations.
Stable Government Act
India is a democratic country and it has the most stable government in the world. The IT sector has always been a top priority for the Indian government. Moreover, Indian government released a bill with the name ‘IT act 2000’. With the excellent support by the government. Indians are able to built high-tech IT park which has the best in class technology and infrastructure.
The developers who working in various IT outsourcing companies in India are technically sound and tech-savvy as well. They are experts in their fields and possess in-depth knowledge and extend logics while developing various software. This is the reasons, why Indian developers are more technologically sound.
Time Zone Advantage
The time difference between India and other countries has turned out to be an important factor for businesses who are outsourcing to India. In addition, to this software development companies in India are known for providing quickest service to the market.
Global Organization Choice
Global businesses prefer India as their preferred destination, when it comes to outsourcing. Various countries like Australia, USA, UK always prefer India, when it comes to IT outsourcing and IT services.
Related Post: The Key Differences Between Outsourcing and Offshoring
Software development companies in India are known for having professional attitude to serve their clients according to their business expectations. Therefore, Indian companies boasts cutting-edge and state-of-the-art services at a cost effective prices.
These eight points sufficiently show how India runs ahead of the curve in outsourcing. Hence, when it comes to outsourcing, India is the first choice for global companies all across, leaving Philippines at the second position and China at the 3rd. These are the services that are mostly outsourced From India-
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