As per a recent report by AT Kearney India is ranking the pinnacle in the world. China, Malaysia, Czech Republic and Singapore are the other countries popular after India among global outsourcing destinations. India score 7.12 while china being the competitor for outsourcing destination, is still 1.51 points away with a score of 5.61.
India V/S China
As per this survey benchmarks, India and china hold the same position when talking about the educational scenarios, infrastructure and the cost efficiency. The Indian talent resources, government support and cultural competency is more over Chinese. Whereas, the business environment efficiency, productivity & quality, and the language proficiency is far better in IT companies in India for outsourcing and china is quite legging behind into these factors.
India V/S Other Global Outsourcing Destinations
Indian IT and Software development companies are renowned for their superior quality and productivity. The statistics speaks that the error rates in accounting are curtailed by 60% if handed over to Indian companies than others
Software development companies India saves nearly 30-40% of business processing cost on outsourcing as compared to other outsourcing locations. The gap is really widened between the
pay of European and US V/S Indian wages of technical professionals.
Also, the infrastructure costs of Indian companies are comparatively low so it does keep Indian IT industry’s overall cost lower than other countries. Moreover, the tax benefits provided by Indian Government under Section 10A and 10B on IT products and services are added advantages.
The Indian talent puddle is highly professional, technically qualified, and committed to object oriented development. That is always a motivating factor for outsourcers to select Indian IT development companies instead of compromising with other outsourcing destinations.
The favourable time zone and flexibility of working hours avails 24 hours working environments and compliment the timely completion of projects. The in-house back-officeoperations management facility is crowning the outsourcing services in India.