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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 President Clinton.
Bill Gates says India is an IT superpower:
strikes strategic alliances with India
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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