Ans. There is no doubt that outsourcing is on the rise in India. The country has incredibly become a top destination for companies looking to outsource their operations due to its vast pool of highly-skilled workers, competitive wages, and favorable time zone. The recent trends in outsourcing in India include the following:
1. The Increasing number of small and medium enterprises are outsourcing their non-core business processes to India.
2. The IT and ITES sector is growing at a rapid pace, and more multinational companies are establishing their operations in India.
3. India has a large pool of talented and skilled professionals who can deliver quality services at competitive rates.
4. The Indian government is providing various incentives and benefits to companies that outsource their operations to India.
5. The infrastructure and communication facilities in India have improved significantly in recent years, making it an ideal destination for outsourcing.
6. India has a large English-speaking population which is another key factor that makes it a preferred destination for outsourcing.
7. The country has a well-developed legal framework and robust intellectual property laws, which provide further protection to companies outsourcing to India.
8. India has a large pool of talented and skilled professionals who can deliver quality services at competitive rates.