Outsourcing â" Improve the Indian Economy Factors in IT Industry

Sunday, February 3, 2008

Outsourcing â" Improve the Indian Economy Factors in IT Industry

Outsource to India - Today India has become a hot destination for Provide a Outsourcing Services in IT companies across the World India's growing entrepreneurial spirit is reflected in its forays into consumer electronics--a highly competitive market that has long been considered the province of Japan, China, South Korea and other Asian nations, as well as the United States ,Also The lower earnings of Indian software companies are being linked to a slowdown in business due to compliance issues in the U.S and compares to all over the world. High growth is also expected for the computer market in India, which counts only 14 PCs for every 1,000 people. Several companies hope to court that market with computers priced at less than $250, many of them packaged with residential broadband service that costs about $12 a month for a 128kbps connection as well as Lauding India's growing economy in recent years, Finance Minister P. Chidambaram today said that the country has natural advantages over Russia, China and Brazil that would help it record the fastest growth over the next 30 to 50 years. In his keynote address at the India Europe Investment Forum here today, Chidambaram said, "According to Goldman Sachs, among Brazil, Russia, India and China, India will record the fastest growth over the next 30 to 50 years. In India Many U.S. and international companies maintain that outsourcing business processes such as customer service call centers, administrative and accounting processes to low-cost and low-wage countries like India helps to keep down their own cost of doing business. Copyright Â© 2007

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