Outsourcing has become a popular and beneficial option for businesses all over the world. The outsourcing industry in India is the most sought-after by the world’s largest brands. In a recent survey, 80% of European and US outsourcing firms ranked India as their number one outsourcing destination. India is preferred over other outsourcing destinations such as China, Mexico, Ireland, and the Philippines because of the cost-saving benefits, quality of work to time-zone advantages it can offer.
Here are the top 8 advantages of outsourcing to India.
India Has A Vast Talent Pool
When it comes to a large pool of skilled and talented human resources, India remains unrivaled. With a population of over 1.2 billion people, India produces over 3.1 million graduates and 300,000 post-graduates each year. Aside from a large number of graduates and postgraduates produced by India, a sizable proportion of the Indian population is young. These young professionals are well-qualified from the finest universities. They are not only talented but also creative and innovative. This talent can support businesses across various industries like Healthcare, eCommerce, Technology, etc.
Flexible Pricing Options
The number one reason why India is the preferred destination for outsourcing is the flexibility in pricing it offers. Hiring developers in India is significantly less expensive than in developed countries. A skilled developer’s hourly rate in the United States can range from $50 to $80 per hour, whereas an experienced developer in India can be negotiated down to as low as $15 per hour. This pricing flexibility gives businesses the freedom to choose their budgets carefully, allowing them to reap large profits. eCommerce, Technology, etc.
Ease Of Communication
India is the second-largest English-speaking nation in the world after the USA. Communicating with remote developers in India is not a problem because Indians are fluent in English. Around 350 million people in India speak English, which is one of the great benefits for businesses to communicate without any language barrier. Indians have also adopted a number of tools such as Skype, Zoom. hangout that makes communication with offshore teams easy. Due to this ease of communication, India is being perceived as the global destination for outsourcing IT services.tc.
Aside from the cost-saving factor, India’s quality service has propelled it to the forefront of the outsourcing industry, among others. The consistently high quality provided by Indian outsourcing firms has also allowed India to maintain its position as the top outsourcing destination. With the help of World-class IT infrastructure and experienced professionals, Indian outsourcing companies ensure high-quality end products for their clients.
Quickest Time To Market
Due to time zone differences, Indian outsourcing companies offer the quickest time-to-market. The difference in time zones is an important factor that contributes to faster project delivery. Many times, projects are completed and delivered ahead of schedule. Because of the 12-hour time difference between India and the United States, businesses have numerous opportunities to complete work earlier than expected, resulting in greater efficiency and productivity.
Infrastructure & Technology
With IT hubs in various states such as Bangalore, Gurgaon, and Hyderabad, India has established itself as a leader in IT infrastructure. Modern India is well-developed, with cutting-edge telecom, Internet service provider, and cellular networks in all major cities and towns. As India is a developing nation, It is able to offer its clients the best in software technology and customized solutions for various applications such as e-commerce, business process re-engineering, system migration, legacy system maintenance, system integration, and much more.
More Time To Focus On Core Business
Scaling up your business means dealing with many customers. This also means you need to focus on marketing, sales, accounting, and other core tasks in order to survive in the competitive world. By outsourcing some of the tasks to outsourcing firms, businesses can utilize their time and resources for accomplishing their core business activities. As a result, efficiency and productivity improve.
Favorable Government Policies
The Indian government considers IT to be one of its top priorities, and all of its IT policies are extremely favorable to outsourcing to India. The government has provided various tax benefits by enacting the Information Technology Act, which also recognizes electronic contracts, supports electronic document filing, and criminalizes cybercrime.
When you consider the benefits listed above, it is easy to see why India has become a global outsourcing hub for businesses. Outsourcing to India may be the ideal solution for you if you want to witness remarkable growth in business productivity and profits.
Are you planning to outsource your next software project to a reliable business outsourcing company?
Zeksta technology is a leading outsourcing company in India that offers website and app development services to its clients across the globe.
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