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 other sectors also India automatically becomes a natural choice if we analyse the comparative costs of various aspects of different sectors for different countries.
Basis of the Comparison of following factors in countries: India, Philippines, Russia, China, Canada, Ireland and Mexico India has an upper hand in all the factors mentioned below:
India becomes automatically a preferred choice of the other 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 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 .
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