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India – the world’s favorite outsourcing destination

For over two decades, business outsourcing to India has continued unabated, and despite competition from emerging outsourcing destinations, the world continues to outsource to India. Almost 50% of the Fortune 500 companies have been offshore outsourcing to India, especially software development, as it is unrivalled in both, manpower and talent.
Here are the key attributes that makes India dominate the outsourcing services industry:

India has the world’s largest, educated, employable population – in the age group of 25-35.
India’s 700 universities annually produce more than 5 million graduates in domains ranging from IT and software, law, medicine, engineering, finance, to creative arts, architecture, and much else.
It has the world’s second largest English-speaking population.
The time zone advantage, thus ensuring a fast turnaround time and a 24-hour work environment.

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