technologies. Indian companies have created value and there by helped organizations around the globe gain competitive edge.
A significant change in management philosophy is taking place in the 1990s. Organizationsare now wise to the need to concentrate on their core activities in order to increase market penetration and become more competitive. It is now widely recognized that to compete effectively, it is essential for business to concentrate on what they do best and where they can add value.
Each and every company thinks why they need to outsource their projects to foreign countries?
To improve the infrastructure, combined with more favorable policies allows companies to begin following an “outsourcing” model, whereby companies could bring projects (and add more value) back to India. By leveraging Indiaís inherently large English speaking technical professionals and lower costs, outsourcing propelled Indian software industry to $3.9 billion in 1998-99 from just $835 million in 1994-95, according to NASSCOM. |