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5.2 Business Products
5.3 People Power and Price Advantage
Developing countries like India provide a leverage of cost structure and available talent pool. With the available resources cost savings of 25-50% can be achieved. Highly educated and motivated workforce is available at low cost due to the following factors.
Largest English speaking population in the world (300MM people)
Universities produce large pool of graduates each year
Wage rates for skilled office workers among the lowest in the world
U.S. "full employment" driving higher labor costs and turnover
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* Contributed by: -
Priyanka Ghosh & Alvika Derhgawen,
PGDIM, IM-11,
NITIE, Mumbai.
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