1. Strengths
1.1 Government Policies
1.2 Skilled Talent Pool
1.3 Indian Education System
1.4 Time Zone
India, the hottest destination today for Offshore IT Outsourcing
beats the other destinations with its unique strengths.
1.1 Government Policies
- Setting up of specific commerce zones including the Software
Technology Parks
- Making the existing laws more liberal
- Giving tax exemption for exporting IT enabled software
outsourcing services
- Deregulation & liberalization policies
- Removed restrictions on investment and made the process
of investment easier
- Enactment of Cyber Legislation
- Working on a stronger data protection and privacy law
in association with NASSCOM
- The liberalization and deregulation initiatives taken
by the government are aimed at supporting growth & integration
with the global economy. These reforms have enabled the
entry of foreign companies to the Indian market. FDI investment
from NRI's including Overseas Corporate Bodies (OCB's);
owned by the NRI's are warmly welcomed in India.
- A separate Ministry of Information Technology was set
up to expedite swift approval and implementation of IT projects
and to streamline the regulatory process
" Reduced licensing requirements to make foreign technology
accessible.
- All policies are custom made, keeping in mind the need
to achieve maximum benefit to the outsourcing industry
- Having recognized the potential of IT-enabled services,
the Government of India has taken positive steps by providing
numerous incentives. It has established a task force for
developing world class knowledge based outsourcing industry
allowing duty free imports of capital goods and providing
tax exemption on export of IT enabled services.
1.2 Skilled Talent Pool
India has a large base of highly talented, qualified and
easily available human resource in the field of Information
Technology. Adding to this, India has the largest English
speaking population amongst the developing countries.
1.3 Indian Education System
India has one of the most advanced and developed educational
systems in the world. The educational system is modeled to
nurture analytical and scientific talent.
The Indian school education system places great emphasis
on mathematics and science, resulting in a large number of
sciences and engineering graduates. The English medium of
education also helps in nurturing top class English speaking
resource.
1.4 Time Zone
India is located at a 12 hour time difference with North
America that facilitates the American organizations to achieve
a 24*7 business operations and customer service.
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