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Why Outsource to India? Outsource to India for technological agility, quality, cost
control, time-to-market and competitive advantage. India is a talent-rich country.
India exports software to 95 countries around the world. India enjoys the confidence
of global corporations. 82% of the US companies ranked India as their first choice for
software outsourcing. Bill Clinton applauds India's brainpower: says Indian-Americans
run more than 750 companies in America's Silicon Valley. "You liberated your
markets and now you have one of the 10 fastest growing economies in the world,"
said former US President Clinton. Bill Gates says India is an IT superpower: strikes
strategic alliances with Indian companies to develop applications on the .Net platform.
Jack Welch opens $130 million Technology Center in Bangalore, GE's largest R&D center
outside the US: celebrates 10 years of GE Medical Systems in India.
Companies across the world outsource work India to stay competitive. They realize that
to maintain stay ahead, they need to reduce costs, provide the best quality, use the latest
high-tech skills, and be reliable and innovative.
When you outsource to India, you outsource to a mature industry with world-class systems
and quality. Of the 23 software companies in the world that have achieved the prestigious
SEI-CMM Level 5, 15 of them are Indian. India will soon have the highest number of ISO-9000
software companies in the world, according to Nasscom.
India has state-of-the-art technologies for total solutions. Offshore assignments have moved up the
value chain - from data entry to large and complex turnkey projects of 200 to 300 person years. Applications
include, E-Commerce,
Business Process Re-engineering, System Migration, Maintaining Legacy Systems, System Integration.
India bid to boost bilateral economic ties, with Prime Minister Atal Behari Vajpayee in the US, India and
the US have signed five commercial deals worth US $6 billion for projects in power, e-commerce and banking sectors.
IT is a major thrust area for the Government of India. IT is one of the Government of India's top five priorities.
The National IT Task Force submitted its 108 point Action Plan to promote IT in the country. The Government of India has
approved the plan and is in the process of implementing it. A separate Ministry of Information Technology was set up to
expedite swift approval and implementation of IT projects and to streamline the regulatory process. Information Technology
Act 2000: The Information Technology Bill that was passed in the Indian Parliament in May 2000, has now been notified as the
IT Act 2000. The IT Bill brings E-commerce within the purview of law and accords stringent punishments to "cyber criminals".
With this, India joins a select band of 12 nations that have cyber laws.
Software Technology Parks of India offer world-class infrastructure and various incentives and concessions to encourage
foreign investment and promote software development in India eg 100% Foreign equity is permitted and approved under the
Automatic Route delegated powers to The Director STPI, tax holiday until 2010, etc.
India has a stable government and is one of the world's 10 fastest-growing economies. India has been a consistent democratic
country since fifty years. Indian service sector contributes a massive 51 per cent to India's GDP. Within this category, the most
promising is computer software export, which grew at an amazing rate of 40-50 per cent every year during the 1990s. India ranked
third in Asia, just after Japan and China, in terms of investment potential for the next 10-year period in a study by the
Export-Import bank of Japan.
A convergent network is being created by the intertwining of the ISP, Telecom, VSAT, Cellular and networking sectors. India's
large business houses and Public Sector Units are working towards creating greater bandwidth availability.
You can find several compelling reasons to outsource to India. Take the first step and make a decision.
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