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According to a NASSCOM-McKinsey report, the IT-enabled services export from India is expected to grow to more than $21 billion by 2008. Revenues from the export of IT-enabled services from India are expected to increase from 19% in 2002 to 27% by 2008, as a proportion of the total revenues from export of IT services from India.
India is considered to be an ideal offshore destination due to a variety of advantages it has over other countries. These have been categorized into: -
Adaptability
One of the great qualities that people in India have is adaptability. They are open to change, always willing to learn. Indians are also open to cultures; this makes Indians cordial people to work with.
Skilled Manpower
Manpower is India's trump card. People in India possess all qualities that would make it a global outsourcing hub. The greatest advantage with Indians is their communication skills. India has second largest number of English speaking people in the world. Indians are respected and acknowledged for there technical skills round the world. The Indian education system provides a unique blend of technical knowledge, and communication skills. It is due to the education system that India has, and is producing one of the most talented software programmers in the world today.
Top quality resources
If you talk about manpower, Indians are undoubtedly one of the most talented in the world. In India one gets best of brains, at most competitive rates. This acts as a magnet for organizations.
In the past few years, the Indian IT industry has pursued the goal of attaining the highest international standards of quality. A World Bank funded study conducted as early as 1992 to discuss Indian software strategies had concluded that more and more vendors in the US prefer to get their software developed undertaken in India for its quality and cost advantage.
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* Contributed by -
Shuchi Singla,
Global Business Operations, Semester-11,
Shri Ram College Of Commerce,
University Of Delhi.
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