4. Effective Cost
A substantial cost saving can be achieved by IT outsourcing
to India, owing to the yawning gap between the labour
costs in India and that of the developed countries. Studies
and analysis suggests that outsourcing business to India saves
as much as 70%. Corporate giants in the United States, Europe,
and Japan prefer India for cost-effective and high-quality
software solutions.
The relatively low cost of manpower makes India, a highly
sought after destination for sourcing cross-border IT-enabled
services. India provides maximum number of software engineers
to Silicon Valley, West Europe and the Asia Pacific IT industry.
The country is moving towards next generation telecommunication
technologies
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