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Advantage India

1. India exports software to 95 countries around the world.

2. MNCs are rushing towards India.

3. India Offers Multiple Advantages.

  • India as an outsourcing destination, provides services at reduced costs, with standard quality assurance, updated technical skills set, and services which are reliable and innovative.


  • India has the largest number of SEI-CMM level 5 companies in the world and will soon have the highest number of ISO-9000 software companies in the world, according to Nasscom.


  • The Offshore Outsourcing Model being practiced by Indian software companies is world class in nature and widely accepted around the globe.

Source Nasscom.org

4. Offshore Software Development in India is strongly supported by the state-of-the-art technological infrastructure for total ecommerce solutions.

5. India has the rich talent of working in every segment of the IT and the Outsourcing Industry. And the cheap labor rates and operational costs help India have the cutting edge in the competition.

Applications include:

  • E-Commerce solutions
  • Business Process Re-engineering
  • System Migration
  • Maintaining Legacy Systems
  • System Integration

6. IT is a major thrust area for the Government of India

  • IT is one of the Government of India's top five priorities.
  • The Information Technology Bill that was passed in the Indian Parliament in May 2000, has now been notified as the IT Act 2000. With this, India joins a select band of 12 nations that have cyber laws.
  • The graph shows the current and the future expected strengths of India as compared to other destinations of the world. To make India a better prospect, government has taken major initiatives in the exports sector as well as the regulatory sector of the industry.

Source Nasscom.org

7. India has a stable government and is one of the world's 10 fastest-growing economies

  • Indian service sector contributes a massive 51 per cent to India's GDP. Within this category, the most promising is computer software export, which grew at an amazing rate of 40-50 per cent every year during the 1990s.
  • Excellent investment potential: India ranked third in Asia, just after Japan and China, in terms of investment potential for the next 10-year period in a study by the Export-Import bank of Japan.
  • Privatization of the infrastructure sector

 
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