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India?
India is the undisputed leader in offshore development and offshore development centers. The country enjoys first-mover advantage and is the most mature market in the current scenario. It has a large population of culturally sensitized, technically advanced, English speaking professionals (most of the higher education in India is in English), who are available at low costs. Outsourcers with operations in India or offshore development centers in India are reporting 45 to 60 percent annual growth. Gartner Group predicts that within two years, 40 percent of its clients will spend up to two-fifths of their legacy budgets on offshore outsourcing to India.
India is an attractive location for the following reasons
Cost Saving - Fully loaded costs for offshore work and offshore development centers in India are 30-50 percent lower than those in the U.S. and Europe.
Faster time to market - Time reductions result from 24/7 development cycles. offshore development center rapid ramp-up through access to a large pool of resources and faster learning curves in some areas stemming from past experience.
High quality - According to research findings by CIO.com, “India has the highest number of CMM-certified companies in the world—37 companies meet CMM minimum standards while 5,554 have ISO 9000 certifications. 260 of the Fortune 1000, including 3M, Amazon, Nortel Networks - outsource to India.”
Greater value – many companies are leveraging the technical expertise of Indian resources for activities such as R&D.
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