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Tuesday, June 17, 2014

Why India is a hub for business process outsourcing services?

BPO or Business Process Outsourcing is one of the fastest emerging and growing industries in India. An inseparable segment of Information Technology Enabled Services (ITES) industry the segment has grown by leaps and bounds and the growth has been continuous ever since the inception of the segment. A lot of factors that include the cost advantage, economy of scale, utilization improvement, business risk mitigation and superior competency have been playing the highly contributing part in growth of the BPO industry in the country.

 
The recent past has seen India emerge as one of the favorite destinations for business process outsourcing services. There are many reasons for this, and few of the most important reasons, clouding the opportunities of other countries offering business process outsourcing services while ensuring India stays at the top, are being mentioned in the points below:

Pocket friendly:

The number one reason for India being such popular with companies needing outsourcing solutions is the fact that, India is capable of providing highly economical and pocket friendly solutions to the companies due to its lower labor costs reduced operational costs.

Pool of talented experts:

Indian Universities have been known to produce around 5 million graduates each year. This gives the companies a large pool of talented professionals to take their pick from, based on their specific requirements.

Great communication:

The highly talented professionals of the country are also highly trained to deal with customers from all over the globe. This is the reason why the professionals flaunt great communication skills.

There are many other benefits that contribute to India being the best for providing business process outsourcing services including the fact that the geographical conditions of the country help them to provide 24*7 services and the flexible government policies of the country also have their own big advantage, making the country a big favorite with the companies seeking professional help.

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