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White Papers Personified - > Offshore Development
Why Offshore Development
Outsource to India for technological agility, quality, flexibility, cost control, time-to-market and competitive advantage. India is a talent-rich country: outsource IT talent. India exports software to 95 countries around the world: outsource expertise in global methodologies
India has state-of-the-art technologies for total solutions: outsource turnkey projects
Offshore assignments have moved up the value chain - from data entry to large and complex turnkey projects of 200 to 300 person years. Applications include: E-Commerce, Business Process Re-engineering, System Migration, Maintaining Legacy Systems, System Integration, CBI Application
IT is a major thrust area for the Government of India
IT is one of the Government of India's top five priorities. The Government of India has approved the plan and is in the process of implementing it. A separate Ministry of Information Technology was set up to expedite swift approval and implementation of IT projects and to streamline the regulatory process. Information Technology Act 2000: The Information Technology Bill that was passed in the Indian Parliament in May 2000, has now been notified as the IT Act 2000. The IT Bill brings E-commerce within the purview of law and accords stringent punishments to "cyber criminals". With this, India joins a select band of 12 nations that have cyber laws.
India has a stable government and is one of the world's 10 fastest-growing economies
Sixty years of democracy Indian service sector contributes a massive 51 per cent to India's GDP.Within this category, the most promising is computer software export, which grew at an amazing rate of 50-60 per cent every year during the 2000s. Excellent investment potential: India ranked third in Asia, just after Japan and China, in terms of investment potential for the next 10-year period in a study by the Export-Import bank of Japan. Privatization of the infrastructure sector. A convergent network is being created by the intertwining of the ISP, Telecom, VSAT, Cellular and networking sectors. India's large business houses and Public Sector Units are working towards creating greater bandwidth availability
Facility for Taxation
Government of India exempted the IT companies from paying Service tax on development of software excluding services like data entry, web hosting and other IT services so that IT companies can deliver the solution in cheap rate than other fastest growing countries. Now that you have four major powerful reasons to outsource to India, why not take the first step and make the decision and shake hand with Xi technologies and feel the difference?
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