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India on top again, among hottest outsourcing destination

Saturday, October 24, 2009
By gaurav bagdi
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gaurav bagdi

" Gaurav Bagdi is a 22 year old part time Blogger, Technical writer. Interested in day to day evolution in the field of technology. He’s the editor of Webketu - Technology Evolves. and owner of NetKetu. You can also catch him on twitter.”

india_outsourcing_time_magazineIndia continues to top the list of outsourcing nations, with six Indian cities in the top 8 outsourcing destinations, according to a global study.

India is still the top destination for sales outsourcing firms who need to boost their productivity by using the country’s workforce, a new poll indicates.

A collaboration between CyberMedia subsidiary Global Services and advisory firm Tholons placed six cities located in the Asian nation among the top eight locations for sales outsourcing.

For the present, though, India continues to top the list with revenues of $40 billion in IT-BPO export services in 2008. Indian IT-BPO export services posted a 35 per cent year-on-year growth in the last five years.

Reconfirming the fact that Indian cities are the most preferred destination for outsourcing, six Indian cities — Bangalore, Delhi-NCR, Mumbai, Chennai, Hyderabad and Pune — figure among the eight top global destinations for outsourcing of services along with Manila and Ireland’s Dublin city, according to the 4th Global Services-Tholons Top 50 emerging outsourcing destinations survey.

Here’s the list of the Top 10 Offshore Nations from Tholons:

1) India
2) Philippines
3) China
4) Ireland
5) Brazil
6) Canada
7) Russia
8) Mexico
9) Vietnam
10) Poland

Avinash Vashistha, chief executive officer for Tholons, said company directors must “consider location, risk mitigation for business, cultural affinity and scalability of the skilled workforce” when thinking about sales outsourcing.

India is undoubtedly the most mature and established offshore nation today, blessed with almost 3.5 million graduates (non-technology courses) and over 500,000 technical graduates being churned annually. More importantly, it possesses largely young population, many who continue to aspire to be a part of the outsourcing industry.

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