Offshoring and Manufacturing – India is the Destination for Both

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 Offshoring, the process of transferring some of the business operations to a different country where the labor charges are lower in comparison to other countries or the business’s own geographical location, is considered as a deliberate necessity for cost advantage. The increasing demand for offshoring to India has made it the essential offshoring destination in the world offering benefits like cost savings, long term success, ownership, scalability, favorable government policies, quality service providers, young and qualified technical professionals, flexible pricing options for business hours, technological infrastructure and capabilities, attractive IT strategies and unique time zone advantage making it easy to provide 24/7 services.



 According to the reports of the National Association of Software and Services Companies, the ICT (Information and Communications Technology) market in India with more than 4.4 million digital workers represents $194 billion which is nearly 8% of the country’s total GDP and is expected to grow at 10% for the next decade. Offshoring is becoming increasingly popular and considered a superior option for business because it allows the company to hire international employees to conduct some of the business activities. Despite the massive challenges such as COVID19 and the global economy at risk, offshore companies in India remained operational and took all the necessary measures to keep their workforce safe ensuring that the teams are still able to assist businesses in finding efficient solutions. Major companies like Ford Motor Company, CISCO, American Express, General Electronics, Microsoft and Dell offshore to India because Indian companies have a diverse portfolio of services and are very accommodating which improves the pace and quality of delivery.

 The offshoring consultants stay actively engaged with the organization and seek input from the team on their progress towards reaching the agreed organizational, team and personal objectives. Industry Experts serves a complete catalogue of offshoring solutions covering aspects like feasibility studies, possible location identification, site selection, land acquisition, registrations, approvals and licenses, banking and finance support. Keeping in mind the site selection as an important factor, the company has an access to details of industrial parks in India for various industries. The offshoring consultants in India have the unique expertise associated with building and managing offshore teams successfully.

Source:- Offshoring and Manufacturing – India is the Destination for Both

 

 

 

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