Reasons to choose Indian Offshore Development Company for Outsourcing your Business
by GRSoft Developers GRSoft DevelopersThe first question which comes to
mind is what is offshore development? It is a process of contracting an
offshore development company to develop the software
applications you want. The
offshore location is a location out of the company’s home or native location.
Organizations prefer to outsource the projects to the offshore location to get
access to world class professionals, at a lower price and less time. This
involves hiring an external organization for a particular task or business
activity. According to a study, more than 70 percent companies in fortune 200
believe in offshoring and consider it to be an important part of the growth
strategy of the company.
India is one of the leading choices
for your business’ offshore outsourcing. Indian IT industry has a prominent
presence all over the globe. The main reason as per experts is productivity,
quality and cost saving. The National Association of Software & Service
Companies (NASSCOM) reported that majority of fortune 500 companies have India
as their offshore software development partner. There are several reasons for
India being the topmost choice for offshore development as discussed below:
· Skilled
Human resource
India has a large pool of immensely
talented human resources across diverse domains such as healthcare, banking,
and finance, life sciences, manufacturing etc. Almost a million graduates get
added to IT industry in India every year. In India, you get people who are
highly educated, holding degrees from top universities across the world. So
Outsourcing to India would result in better productivity and quality of work.
· Cost saving
Outsourcing to India can save much
cost. The cost difference between India’s domestic market and foreign market is
much so a company outsourcing its development to India can save on cost,
salaries, recruitment, and infrastructure. This way pricing flexibility allows
the firms to manage the budget and hence more revenue can be generated.
· Government
policies
India has stringent IT policies
which support seamless operation and generates maximum benefit. It is
considered as one of the top priority industry in India and government has
framed attractive and stable policies to obtain maximum benefit from IT
outsourcing to India. The Indian government has provided various taxes related
benefits and other benefits to IT industry.
· Privacy and
data security
Data security and privacy laws in
India attract the vendors and develop a relationship with trust. Policies in
India like The Information Technology Act, 2000 emphasizes on data security and
privacy protection. Any breach of law would result in a financial penalty and
can also lead to imprisonment. NASSCOM takes care of the issues related to data
security and has several measures for the same.
· Infrastructure
India offers latest and fast
developing infrastructure to the clients. Modern equipment and latest technologies are installed at the development
centers which help to develop world class solutions. Modern India offers ISP,
cellular networks in all major cities and areas. Satellite and submarine
communication links help in good band connectivity with other parts of the
world. The companies can easily communicate with the vendors.
India is world’s number one choice
when it comes to outsourcing and has gained global confidence because of the
speed, productivity, quality and laws in the country.
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Created on Jul 13th 2020 07:51. Viewed 671 times.