India is Becoming an Outsourcing Hub in it Industry

Outsourcing Hub - Today India has become a hot destination for Provide a Outsourcing Services in IT companies across the World

India employs about 350,000 people in the outsourcing industry and adds 150,000 new jobs each year. But filling those vacancies is proving to be a nightmare. At this moment, the industry needs to hire around 9,000 people but can't find them.The crisis is set to worsen. The industry faces a shortfall of half a million workers in a few years' time, according to a study this month by McKinsey & Company and the Indian IT body Nasscom.

India offers one of the largest reserves of inexpensive, English speaking, scientific, technical, and customer service talent. The reason for this is that India has a pool of technically qualified graduates and postgraduates passing out every year from Indian universities that can deliver services matching international standards. India is a hub of technical support service. These back office hubs get hundreds of calls every night from around the world containing various queries. India has expertise not only in BPO or ITES but now one more area that making India a hot destination for outsourcing and that is KPO i.e. Knowledge Process Outsourcing. The super success of Indian BPO has resulted in the birth of KPO. KPO has now taken the lead in the outsourcing business.

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.