Why is India the preferred KPO destination?

The analysis of above information shall reveal overly India gets automatedly a preferred option of the outsourcing countries. India has a going up populace of educated individuals fit of handling high-end knowledge-based attempt and research. With a monumental talent pool, India were able to emerge as a overseas KPO hub as the area requires expert knowledge in respective verticals.

With the mushrooming of engineering and technical institutes in India, there are able to no shortfall of professional manpower in India. A Confederation of Indian Industry forecast argues the India's transition based on information from a BPO end to a KPO objective is imminent.

The have a price of advantage:
India additionally becomes advantage in terms of worth advantage and funny things and a larger number of businesses are influencing to India for offshoring KPO leg work as the best grunt work becomes executed at more economical rates. For instance, drafting and filing of patent applications in the US is outstandingly expensive. A median program rate up $10,000 to $15,000 to draft and file amid the United States Patent and Trademark Office. Companies can save up to 50 per cent of the costs by offshoring the grunt work to India.

More intercontinental companies leg work for India:
The testimony to the happening so India is making specific as preferred world gets distinguishable as a large amount of firms these kinds of as Patent Metrix, Cantor-Colburn and Schwegman, Lundberg, and Woessner & Kluth suffer presently set up offices in India. Offshoring R&D in pharmaceuticals and biotechnology furthermore has huge possible for KPO.

Pharma majors Astra Zeneca and GlaxoSmithKline undergo set up drug discovery centres at low-cost destinations to appreciation the investigation and development activities. Even for R&D in tool and chip design, monumental telecom and IT organizations opt for India. Motorola, Intel, IBM, Cisco, Texas Instruments, Nokia and Philips experience set up offshore design centres in India.

Further testimony comes based on a prediction of India Times:
"It’s desired to hear for Indian knowledge approach outsourcing (KPO) firms. India is the several sought after objective for KPO activities, reports a news story by independent examination establishment Asset Management in collaboration among Kelly Services. The article indicates India may experience a even better price increase market worth in KPO segment of 45% contrasted provided 25% in the BPO segment. The latter will, however, continue the cause income earner and job creator due to the volume nature of this moment industry."

5 comments:

Kumar said...

Excellent!!!!!!!!!!!!

Kumar@biotechKPO.com
www.biotechKPO.com

Outsourcing India said...

Good work!!! India is the best destination for outsourcing services.

Abhinav said...

It has been seen that outsourcing in any sector (IT, law etc.) starts with lower-end work. But, this trend is currently changing and more clients are seeking high-end specialised services too in all sectors of the KPO industry. Legal Outsourcing KPOs are a part of the whole KPO industry. Like other sectors in the KPO industry, the legal outsourcing sector shall continue to grow, going by the current shift in the demands of the market. The legal outsourcing industry is still new and has not fully developed. We have very few offshore legal service providers that provide specialised high end legal services. Once this trend of specialised high-end legal outsourcing gains more pace, greater amount and variety of legal work will be outsourced.
Abhinav
SDD Global Solutions
High end legal outsourcing

joesamuels said...

Due to a large knowledge pool and a significant cost arbitrage, few countries like India, Philippines and China are front runners in providing outsourced services. After achieving great success in BPO, India is now looking for a big leap in KPO. India automatically becomes a natural choice if we anaylse the comparative costs of various aspects of KPO for different countries.

http://phykon.com/

Basis of the Comparison of following factors in countries: India, Philippines, Russia, China, Canada, Ireland and Mexico
• Labor Pool
• Cost
• Government Polices
• Infrastructure
• Knowledge full / Expertise

The analysis of above data shall reveal that India becomes automatically a preferred choice of the outsourcing countries. India has a growing population of educated people capable of handling high-end knowledge-based work and research. With a huge talent pool, India could emerge as a global KPO hub as the sector requires specialized knowledge in respective verticals.With the mushrooming of engineering and technical institutes in India, there will no shortage of skilled manpower in India. A Confederation of Indian Industry study states that India's transition from a BPO destination to a KPO destination is imminent.

joesamuels said...

The analysis of above data shall reveal that India becomes automatically a preferred choice of the outsourcing countries. India has a growing population of educated people capable of handling high-end knowledge-based work and research. With a huge talent pool, India could emerge as a global KPO hub as the sector requires specialized knowledge in respective verticals.With the mushrooming of engineering and technical institutes in India, there will no shortage of skilled manpower in India. A Confederation of Indian Industry study states that India's transition from a BPO destination to a KPO destination is imminent.

India also gets advantage in terms of cost advantage and more and more companies are turning to India for offshoring KPO work as quality work gets done at cheaper rates. For instance, drafting and filing of patent applications in the US is very expensive. A typical application costs about $10,000 to $15,000 to draft and file with the United States Patent and Trademark Office. Companies can save up to 50 per cent of the cost by offshoring the work to India.

http://phykon.com/

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