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Why Outsource
to India?
Outsource to India for
technological agility, quality, flexibility,
cost control, time-to-market and competitive
advantage.
- India is a talent-rich
country: outsource IT talent
- India exports software to
95 countries around the world: outsource
expertise in global methodologies
India enjoys the confidence of
global corporations:
outsource high quality
brain-power!
- 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 Wipro and Infosys 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
India
Offers Multiple Advantages
- Outsource to stay
competitive. Leading companies worldwide
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
- Outsource to a mature
industry with world-class systems, 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: outsource turnkey projects
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
- CBI Application
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
- Fifty years of democracy
- 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.
- Excellent investment
potential: 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.
- Privatization of the
infrastructure sector
- 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.
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