India: the largest center of KPO

India deserves the prime justification for the establishment of Knowledge Professional Outsourcing (KPO) across the globe. He predicts several reasons for it to be favorable to sustain in the business economy of India. Previous research and surveys show that India holds 3/4 of the KPO industries or companies globally.

Prominent reasons for such possibilities

1. Friendly Indian Government Policies

– Favorable fiscal and export policies that provide a reliable platform for economic incentives.

– Expansion of business and economic infrastructures in the IT, energy and transport sectors.

– New plans to enable 2nd class tier cities (like Gurgeon near New Delhi) into 1st class tier cities along with their progression.

– Establishment of more IT and Biotechnology parks.

– Incorporation of more educational policies in the government budget.

2. Young Indians are more fluent in English than Russians and Chinese

– Indians are influential enough in terms of professional English speaking skills.

– English is the predominant communicative language for knowledge outsourcing.

– India is accredited with-

A. Second largest nation in English-speaking citizens.

b. The world’s largest English-speaking IT talent hub, according to NASSCOM report.

3. Superb educational system

– Preeminent institutions are available for

A. Engineering and technology (IT and biotech) studies (IIT and NIT), business and management studies (amazing B-schools and IIM).

b. Government Controlled national institutes and some famous private institutions of law, research and development studies, such as pharmacy, health management, life sciences, commerce, etc.

– Engineering and Science graduates with a background in Mathematics and Applied Science are numerous in India.

4. More IT graduates and moderate labor costs

– India generates a large number of well-qualified science and IT graduates every year.

– Labor costs are moderate compared to China, Russia and the Philippines.

5. KPO investment in India is more lucrative for US and European countries

Because,

– Indian KPOs provide high quality work at affordable prices.

– Frequent availability of talented and profitable human resources.

6. Most Trusted Agencies and Data Hacking in India

– NASSCOM, Govt. Assisted agencies and some private companies have taken important steps to make an information system more secure in relation to intellectual property rights and data piracy.

– Most of the companies have been accredited with ISO 9000 standards for their management of Quality and Secrecy.

7. Emerging Entrepreneurs and Sustainable Development of Innovative Business Strategies in India.

8. India is a prime hub for “reverse brain drain.”

9. Good relationship between Indian companies like BPO, KPO, HRO, MBPO and RPO.

10. Most of the multinational companies have a positive attitude towards the Indian business economy.