Web Services

'Offshore Development' in the IT world is the term most often used to describe the business of outsourcing software programming, web and multi-media projects to service provider or wholly-owned facilities located in foreign countries with lower labour costs. India is the largest provider of such services, likely to be worth $6.3 billion in 2000-2001.You know the reason behind India being the main destination for IT-enabled services for major global companies?

Here they are!

• India has an implicit 12-hour time zone difference with USA and other major markets for IT-enabled Services
• India has a huge pool of English speaking and computer literate graduate manpower, who will continue to cater to the growing demand for professionals for IT- enabled Services.These professionals are skilled as well as quality conscious.
• Cost of qualified personnel is amongst the lowest in the world.
• India gives an income tax holiday till 2010 for export of IT-enabled Services.
• Many State Governments in India offer special incentives and infrastructure for setting up IT-enabled Services.
• India enjoys very strong brand equity in major markets, thanks to its growing and globally competitive software industry.
• More than 185 of Fortune 500 companies already have offshore centers in India.Therefore vendors in India are used to dealing with the needs of an offshore plan.