Why You Should Consider Offshoring to India

by The Scalers Offshore Development Teams In India

Are you thinking of outsourcing your software development overseas? Looking for a business strategy that slashes costs, boosts efficiency, and supercharges your global reach?

If so, then India should be at the top of your list.

Offshoring to India has been growing steadily over the past decades. Whether you're a startup looking to scale up, an established company aiming to optimise operations, or a multinational corporation, India has something unique for everyone.

Read on to learn more about the upside of offshoring to India and why it could be the right choice to help your business expand and succeed in today's global economy.

India: staying ahead of the game

Statista's 2021 survey revealed that India, thanks to its financial appeal and abundant skilled workforce, was the most sought-after destination for offshore software development.

The country's benefits and top-tier talent attracted some of the world’s biggest giants like Microsoft, Ford Motor Company, and American Express.

India brings a one-of-a-kind set of advantages to the table that can turbocharge your operations and help your existing in-house team. In the following sections, we'll dive into why India tops the charts as the go-to spot for offshoring.

Cost-effectiveness

One of the most significant advantages of offshoring to India is the significantly lower labour costs compared to Western countries.

The average hourly wage for an IT employee in India is around . Compare this to in the United States, and it's easy to see how offshoring to India can cut costs.

Additionally, India offers:

cost-effective infrastructure, including office space and modern facilities
favorable tax incentives and pro-investment government policies
reduced operational expenses and enhanced profitability
lower cost of living for employees, benefiting both employers and offshore teams

Highly educated workforce

India has a vast and highly educated workforce. The country produces over 2.6 million STEM graduates each year!

Additionally, English is widely spoken and used as a medium of instruction in India's education system. With their linguistic skills, India's offshore teams can communicate and collaborate seamlessly with their global counterparts, breaking down the language barriers hindering international cooperation.

Access to a large talent pool

Regarding accessing skilled engineers, India is in a league of its own.

But what makes India's talent pool unique?

Professions and niches that are often scarce in Western countries
The ability to adapt and embrace new challenges
Professionals with a hunger for growth and a drive for excellence
Solid educational institutions producing skilled graduates
A strong work ethic

As a result, businesses that choose to offshore software development to India are not just tapping into a large workforce but connecting with a dynamic and motivated community eager to contribute to their success.

Thriving startup culture

In recent years, India has emerged as a thriving hub for high-tech startups, with cities like Bangalore leading in cultivating innovative ecosystems. These cities have become magnets for multinational corporations wanting to reap the benefits.

Within these cities, startup ecosystems are bustling with many innovative companies. Each enterprise is fueled by a commitment to pioneering cutting-edge solutions and disruptive technologies.

Scalability

One of the standout features of offshoring to India is the ease with which operations can be scaled according to your company's evolving needs.

Whether you're experiencing rapid growth and need to expand your offshore software development quickly or looking to streamline and optimise your operations, India's abundant talent pool offers the agility and flexibility to handle changing scenarios.

Source:https://uberant.com/article/1949703-why-you-should-consider-offshoring-to-india/