Just a few decades back, hardly anyone had the slightest idea that outsourcing in India would turn out to be such a grand success story. However, even without the sense of inevitability, outsourcing became a big reality for India and today it is contributing significantly to India's economical and social growth. Generating billions of dollars in revenues every year, outsourcing has played a significant role in transforming the social fabric of the country, making it's people feel a lot more confident about their present and a lot more optimistic about their future. Aspirations have risen as a result of the immense growth propelled by the outsourcing industry and people in India are now more confident that their country will one day emerge as a superpower.
So, why exactly did the success story happen in India? Why not in some other developing countries such as China, which is a manufacturing superpower? Well, the main reason is that India has probably the largest number of industry-ready professionals who are proficient in both spoken and written English. The country was a British colony once and that very well explains why the general populace is largely English-literate. Sourcing world-class technical and managerial skill sets is also not a problem in India because the country has many reputed colleges and universities that satisfy the every growing demand of the outsourcing industry.
Outsourcing may already be a huge success story, but if we look at the growing outsourcing demand from clients in the US and the UK, it would be correct to assume that there still exists a huge unachieved potential. As a successful industry, outsourcing in India is thus quite likely to continue for many more years.
No comments:
Post a Comment