india to india

7/30/2019 India to india

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OUTSOURCINGTO INDIA

INKPO , BPOAND IT

Presented by

Muntazir


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MEANING OFOUTSOURCING

Outsourcing is the contracting out of an internal business

process to a third party organization.

Outsourcing includes both foreign and domestic

contracting, and sometimes includes off shoring, which

means relocating a business function to another country.

Financial savings from lower international labour rates is a

big motivation for outsourcing/off shoring.


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ADVANTAGES

Get access to skilled expertise

Focus on core activities

Better Risk Management

Increasing in-house efficiency

Run your business 24X7

Cut costs and save BIG!


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OBJECTIVESOFSTUDY

To know about the benefits of outsourcing.

To know about the policies of India regarding

Outsourcing.

To know the jobs created by outsourcing in India. To know how outsourcing helps in economic growth

to India.


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METHODSOF DATACOLLECTION

There are two methods of Data collection are. Primary source.

Secondary source.

In this study we only use Secondary method of data

collection by surfing net. As I have to look only what Indiais providing to make its country outsourcing destination.


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WHY INDIA.

Swot Analysis

Strength

Highly skilled, English-speaking workforce.

Abundant manpower.

Cheaper workforce than their Western counterparts.

According to Nasscom, The wage difference is as high as

70-80 percent when compared to their Western

counterparts.

Dedicated workforce aiming at making a long-term career in

the field.


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WEAKNESS

Recent months have seen a rise in the level of attrition rates

among ITeS workers who are quitting their jobs to pursue

higher studies. Of late workers have shown a tendency not to

pursue ITeS as a full-time career.

Local infrastructure.

Political opposition from developed countries Opportunities.

Indian ITeS companies should work closely with Western

governments and assuage their concerns and issues.


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THREATS

The anti-outsourcing legislation in the US state of NewJersey. Three more states in the United States are planning

legislation against outsourcing Connecticut, Missouri and

Wisconsin. o Workers in British Telecom have protested

against outsourcing of work to Indian BPO companies. Other IteS destinations such as China, Philippines and

South Africa could have an edge on the cost factor.


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FINDINGS

Outsourcing becomes necessary for firms to remaincompetitive.

Outsourcing helps firms to get global recognition.

Service sector has become back bone of Indian economy.

Service sector contributes 58% of Indian GDP.

Govt is providing various benefits in order to attract more n

more foreign firms.

About 3 million people of India is directly employed by

these outsourced firms.

2.1 million is indirectly employed in service sectors.


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CONTRIBUTIONOFITBPOINGDPOFINDIA


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REFERENCE

http://www.tutorial-

reports.com/business/outsourcing/india/evolution.php

http://www.outsource2india.com/

http://www.articlesbase.com/outsourcing-

articles/global-outsourcing-2098914.html

india to india

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