Outsource to India for technological
agility, quality, flexibility, cost control, time-to-market
and competitive advantage.
1. India is a talent-rich country: outsource IT
talent
2. India exports software to 95 countries
around the world: outsource expertise in global methodologies
3. 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
4. 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.
5. 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 Applicat "India, US sign deals worth US $6 billion"
"India bid to boost to bilateral economic
ties, with former 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."
6. 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.
7. India has a stable government and is one of the
world's 10 fastest-growing economies
Fifty years of democracy
Economy expected to grow by 5.9 percent in 1999-2000
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.
8. Aside from being overly qualified technically,
IT agencies in India have an average of 60% less overhead
than their US counterparts ….thus allowing them
to be exceedingly competitive!
Statistics have shown the following rate discrepancy
between the USA and India:
Projects ranging from $0 to $10,000 will average
to be 60% less expensive in India than in the USA.
Projects ranging from $10,000 to $100,000 will average
to be 40% to 45% less expensive in India than in the
USA.
Projects of $100,000+ will average to be 35% to
40% less expensive in India than in the USA…
The following statistics in the chart below, found
in Time magazine, demonstrate the average-salary figures
in India compared to the US, clearly showing the advantages
of outsourcing in India.
Why pay more? Now that
you have eight powerful reasons to outsource to India,
why not take the first step and make the decision?
Contact Perspective Media, which is right place to get
your project off the ground.
