Outsourcing to India can be a great way for a company to expedite its operations or increase its growth. Now since you understand what is outsourcing ,there is one question that is bound to arise in your mind! The one question that most businesses, entrepreneurs, solopreneurs, technical co-founders, and enterprises have is whether or not outsourcing to India is the best option for them.
What Is the Most Effective Strategy?
Considering the size of your project, technology requirements, budget constraints, and other factors, decide whether to go with outsourcing, offshoring, or nearshoring. Outsourcing is unquestionably the best option if you require the highest quality service while staying within a strict budget. The expense of outsourcing MVP development to India is significantly lower when compared to other countries. Furthermore, India offers unrivalled quality, technical expertise, and skills. It allows you to scale while remaining completely flexible and agile.
What Information Technology Services Are Outsourced to India?
When it comes to outsourcing, companies nowadays outsource a variety of services to India. India is the country to go for accounting services, payroll processing, insurance services, data management, legal services, and any other service.
Nonetheless, the potentiality of the IT pool has attracted companies from all over the world to outsource IT services to India. The IT industry is vast, and there are numerous services that can be outsourced in this domain. The following are some of the most commonly outsourced services in India.
So, we’re here to answer your question!
Outsourcing statistics of India that might give uh surprise:
India’s large talent pool is attracting more business to the country. Furthermore, the statistics on outsourcing to India are heavily revolving around the talent pool itself. Here are some more statistics that prove India is the best outsourcing country in the world.
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Predictions secure that by the end of 2020, India will have more than 2 billion English-speaking people.
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India produces over 3.1 million graduates and over 300,000 postgraduates each year, with 500,000 engineering graduates graduating from Indian engineering colleges.
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The Indian IT industry employs approximately 4 million IT professionals directly and another 10 million indirectly.
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Over 200,000 IT graduates are added to India’s IT workforce each year, making it the world’s youngest employable population.
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40 percent of the Indian IT workforce is expected to train in emerging technology stacks over the next four years to meet advanced skill requirements.
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And the biggest point India has more than 100 million citizens who communicate in English fluently by eliminating all language barriers.
There are many advantages and disadvantages of outsourcing to India and they are listed below!
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Savings on expenses
Companies that outsource to India can save a significant amount of money. It is because the cost of hiring developers in India is significantly lower than in developed countries..
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A large talent pool
India has a large pool of talent. Every year, over 3.1 million graduates and 300,000 post-graduates are produced in India. Furthermore, over 500,000 engineering students graduate from Indian engineering colleges each year.
Aside from the large number of graduates and postgraduates produced by India each year, a sizable proportion of the Indian population is young. More than half of India’s population is under the age of 25, and more than 60 percent of Indians are between the ages of 15 and 59.
3. Simple Communication
If you want to outsource mobile app development, web development, or any other project to India but are concerned about how you will communicate effectively with the offshore software developers around.Slack, Skype, and other tools that facilitate communication with offshore teams are widely available.
4. Best IT infrastructure
Only With hubs such as Bangalore, Gurgaon, and Hyderabad, India has demonstrated that it is on par with all developed nations in terms of IT infrastructure. There are numerous IT outsourcing companies in India that can assist you with your outsourcing requirements. Even startups and small and medium-sized enterprises (SMEs) in India are now utilising advanced technology tools to provide excellent web solutions.
5. Cost effective
No Doubt, the cost of hiring a developer in India is significantly lower than that in any other developed country. Not only that, but outsourcing allows you to save money on office space and software upgrades.
6.Supportive government norms
India is preferrable for software development outsourcing because supportive norms and IT acts like the Information technology act.
Conclusion
And these days outsourcing has become an imperative strategy especially to align business orientation and growth. India is now majorly outsourced for many services like for web development ,app development whether in mobile or for windows ,also digital marketing ,enterprise solutions ,product development and many more at a greater scale.
