Progress of Outsourcing Revolution in India

Nations from all over the globe are fond off its richness in cultural values, economic development, industrial development and all time government authorities have maintained healthy relations of India at global level. On the ground of development in various sectors India have achieved high ranks, as a result nations from all over the world look India always as a hot platform for the commercial ventures.

According to intellectuals and experts for the last 10 years India has become hub for outsourcing the work from developed nations and multinational even medium and small level of companies are outsourcing the part of their work to India. Due to development of knowledge base mass and fast IT developments in India, boom of outsourcing to India took place in recent years. The favorite areas where worldwide nations found India is best for outsourcing are Web development, Business process, Knowledge process, Technical & non technical support from call centers, Billing services, HR hiring, Accounting, Tax processing, Biotech research, telesales/telemarketing, etc. Today IT software and web development services are primary demand of the outsourcing firms. With the gradual interest of developed nations and support of the Indian government Outsourcing revolution took place and results in creation of Offshore Development Centers in various parts of India. They had started rendering services like offshore software outsourcing to clients, offshore web development, website development and many other customized IT services.

Role of Indian government for the outsourcing revolution for the last many years

From the early 1990s India has adopted the rule of globalization liberalization and privatization on the domestic front as well as international trade. On the ground of these liberal policies various sectors of Indian business took pace in the productive manner such as before 1994 Indian telecom sector was under government control, then in year 1999 new telecom policy encourage private participation. Establishment of EOUs (export oriented units), STPs (software technology parks) and FTZs (Free trade zones) by the government has encouraged FDIs (Foreign Direct investment) to India. On the ground of outsourcing, India had started with medical transcription and recently reached to business process and web development services to outsourcing firms.

<b>Role of IT developments in Outsourcing Revolution in India</b>

IT outsourcing revolution is also an integral part of the total outsourcing, for the last ten years high profile IT companies have established their offices in India and made India a hi-tech hub for IT & web development services. Some of the multinational firms are IBM, Motorola, Yahoo, HP, Oracle, and Microsoft who have increased opportunities for the Indian market. The powerful role of The National Association of Software and Services Companies (NASSCOM) also cannot be denied for the IT developments in India and ultimately helping hands for IT services to offshore outsourcing. There are more than 1000 registered Indian IT companies as member of NASSCOM are contributing in providing services outside the India.