Progress of Outsourcing Revolution in India

Nations from all over the globe are fond off itsrevolution for the last many years
richness in cultural values, economic development,From the early 1990s India has adopted the rule of
industrial development and all time governmentglobalization liberalization and privatization on the
authorities have maintained healthy relations of India atdomestic front as well as international trade. On the
global level. On the ground of development in variousground of these liberal policies various sectors of Indian
sectors India have achieved high ranks, as a resultbusiness took pace in the productive manner such as
nations from all over the world look India always as abefore 1994 Indian telecom sector was under
hot platform for the commercial ventures.government control, then in year 1999 new telecom
According to intellectuals and experts for the last 10policy encourage private participation. Establishment of
years India has become hub for outsourcing the workEOUs (export oriented units), STPs (software
from developed nations and multinational even mediumtechnology parks) and FTZs (Free trade zones) by
and small level of companies are outsourcing the partthe government has encouraged FDIs (Foreign Direct
of their work to India. Due to development ofinvestment) to India. On the ground of outsourcing, India
knowledge base mass and fast IT developments inhad started with medical transcription and recently
India, boom of outsourcing to India took place in recentreached to business process and web development
years. The favorite areas where worldwide nationsservices to outsourcing firms.
found India is best for outsourcing are Web<b>Role of IT developments in Outsourcing
development, Business process, Knowledge process,Revolution in India</b>
Technical & non technical support from callIT outsourcing revolution is also an integral part of the
centers, Billing services, HR hiring, Accounting, Taxtotal outsourcing, for the last ten years high profile IT
processing, Biotech research, telesales/telemarketing,companies have established their offices in India and
etc. Today IT software and web developmentmade India a hi-tech hub for IT & web
services are primary demand of the outsourcing firms.development services. Some of the multinational firms
With the gradual interest of developed nations andare IBM, Motorola, Yahoo, HP, Oracle, and Microsoft
support of the Indian government Outsourcingwho have increased opportunities for the Indian
revolution took place and results in creation ofmarket. The powerful role of The National Association
Offshore Development Centers in various parts ofof Software and Services Companies (NASSCOM)
India. They had started rendering services like offshorealso cannot be denied for the IT developments in India
software outsourcing to clients, offshore weband ultimately helping hands for IT services to offshore
development, website development and many otheroutsourcing. There are more than 1000 registered
customized IT services.Indian IT companies as member of NASSCOM are
Role of Indian government for the outsourcingcontributing in providing services outside the India.