India – Outsourcing with the difference

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News Archive > 2006 > Jun > 12
India has exponentially grown as the leader in outsourcing business.
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June 12, 2006 (Press Release) -- India has earned tremendous reputation as the most reliable outsourcing partner. It has undoubtedly become the global leader for outsourcing business. "In the outsourcing business, India has emerged to be No 1. It is global in terms of services in the United States and the United Kingdom", says Kiran Karnik, the president of Indian National Association of Software and Service Companies (NASSCOM).

Indian outsourcing business has now graduated from service provider to (KPO) knowledge based outsourcing in a very short span of time. The maturity of Indian BPOs has given the birth to KPO. It is taking up lead in outsourcing business. KPO involves high-end knowledge work, which requires qualified and experienced people to handle such jobs. KPO business demands advanced analytical and skilled knowledge to take up these projects. Services being outsourced to India are Research & Analysis, Business & Market Research, Investment Analysis, Legal Research, Finance & Accounting advisory services, Product & Brand Management, Medical Services and so on.

India’s ITES-BPO will soon be over-taken by emerging KPO (Knowledge Process Outsourcing) as the biggest revenue generator”, says Kiran Karnik. “The global KPO business is expected to grow USD17 billion by year 2010 and India’s share is expected to be USD12-14 billion,” he said further. Since India enjoys large pool of English-speaking workforce talent comprises of lawyers, MBAs, CAs, Ph.D, global knowledge process outsourcing business is all anticipated to be heading to India as the first choice.

Government of India realizes the potential growth of Indian IT business and IT policies are always on top agenda in Government of India’s manifesto. All IT policies are periodically reviewed with due consideration. India is among the first few nations who enforced Cyber Law to curb cyber crimes. New reforms, tax benefits etc are also helping Indian outsourcing business to flourish.

Please visit at http://www.kpoasia.com to have further information on KPO (knowledge process outsourcing)




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