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About India
“Only in India does the production of university graduates outpace the
economy. India generates more university graduates than the United States-
some 40% with degrees in science and engineering.”
Over the last 30 years, India has emerged as a global IT and outsourcing
center. Vast improvements in Telecommunications infrastructure, favorable
government and tax incentives, investments in technical education, along
with an abundant supply of highly skilled, programmers, engineers, and
marketing talent has awakened the sleeping giant in India. Today,
companies from all over the globe are looking to India to help them stay
competitive.
India is one of the largest English speaking nations and has an
educational system in science and engineering that has been a constant
priority for the Government since. To companies considering offshore
outsourcing, this translates into two things:
- India offers a
sustainable competitive advantage in terms of
qualified talent.
- Operational efficiencies
realized can be maintained over the long-term.
What are the advantages to
outsourcing to India?
- Large Educated Population:
India is home to the largest educated English-speaking population in the
world. Entrance into reputed Colleges and Universities in India are even
more competitive than the best in the U.S.
- Low Turnover: Customer
care centers in the United States experience very high turnover, usually
40% to 70% per year. Considering the time and costs associated with
training new agents, it becomes difficult to maintain quality service at a
low cost. Since Indian call centers have only an average 5% of turnover.
- Low Costs: Compared to
American call centers, outsourcing with PINNACLE would save you at least
50% in operational expenses.
- Complimentary Time Zone:
The time zone difference between the U.S. and India is about 12 hours.
This means that a job submitted in the evening at 6 p.m. PST, reaches
India at 6 a.m. and is completed by 6am PST the following morning - saving
you an entire work day!
- Who is currently
maintaining call centers in India?
Corporate giants in the United States, Europe, and Japan are increasingly
looking to India for cost-effective and high-quality outsourcing
solutions. In fact, a World Bank-funded study in the United States
confirmed that vendors rated India as their number one choice for
outsourcing. Early adopters of this business model include several of the
world’s leading multinationals such as GE, British Airways, Conseco Inc.,
IBM, McKinsey, Ford, Citibank and Microsoft. These organizations have
successfully established India-based remote services, including call
centers and helpdesks. India has also effectively provided efficient
software solutions to Fortune 500 companies. Citibank, Morgan Stanley,
Wal-Mart, AT&T, Reebok, General Motors, Sony, Boeing, Coca-Cola, Pepsi,
SwissAir, United Airlines, Philips, General Electric, IBM, Reebok, Lucas,
British Aerospace, General Motors, and Sears are some companies relying on
companies in India.
- How big is the Outsourcing
industry in India?
According to a recent study by McKinsey for Nasscom (National Association
of Software Services Companies), Customer Interaction Services out of
India are set to be a US $ 33 billion business by 2008.
Where in India is the Outsourcing industry located?
India’s Outsourcing industry is centered in five major cities: Delhi,
Bangalore, Mumbai (Bombay), Chennai, Hyderabad and Pune.
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:: India- Bangalore, Hyderabad, Mumbai, Pune |
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