| There is a reason that offshore outsourcing in India is | | | | or high school graduates. College grads need work. |
| so popular: it works. Here are a few reasons why: | | | | 5. India works while the U.S. sleeps. The 12 hour |
| 1. India is the second fastest growing major economy | | | | average time difference between India and the U.S. |
| in the world with a GDP (Gross Domestic Product) | | | | provides for 24/7 around the clock service. |
| growth rate of 9.2% at the end of the second quarter | | | | 6. Over 80 percent of U.S. companies surveyed have |
| of 2006–2007 (source: Wikipedia). | | | | ranked India as their first choice for offshore |
| 2. India has a stable, peaceful government that has a | | | | outsourcing. |
| history of over 60 years of democracy; this stable | | | | 7. Over half of U.S. based Fortune 500 companies |
| environment provides a low risk outsourcing | | | | employ Indian outsource talent. |
| opportunity when compared to other foreign markets. | | | | 8. By 2010, it is estimated that India will have the highest |
| 3. Indians understands service; the service sector | | | | number of English speakers in the world (source: |
| accounts for over 50 per cent of India's GDP. The | | | | Tracking India). |
| culture is polite, responsive, and courteous. This makes | | | | 9. The Indian culture is a quality driven culture and |
| for a congenial relationship with partners and their | | | | naturally understands doing things right the first time. |
| customers. | | | | 10. India labor costs are a fraction of the U.S. labor |
| 4. India is a talent-rich country which prides itself in | | | | rates. Typical salaries for technical staff range from |
| higher education with over 18,000 colleges and | | | | $6,000 to $15,000 annually, while the U.S. equivalent |
| universities. Ironically, 17 percent of Indian college | | | | worker commands a six figure annual income. |
| graduates are unemployed, which is higher than middle | | | | |