Indi India 's Development Potential Story

India has become a global conduit for business as they have liberalized their economic policies over the past 20 years. Companies are flocking to India because of many factors, including, less expensive labor costs, increasing growth rate, and an abundance of a highly skilled workforce. These factors in addition to other advantages have substantially increased the number of United States businesses looking to grow beyond the U. S borders into the county of India. Dunlop Software Consultant’s goal is to also expand its operations internationally and believes that India has the business environment to meet our goal of expansion globally.

Global connectedness has given India local advantage due to elements such as 9 months of sunshine each year and lower cost for farm labor. Other competitive advantages are skilled English-speaking workers, differences in developed nations salaries and salaries in India and a history of entrepreneurship and administrative experience (Contractor, Kumar &

“It (outsourcing) is not a our father’s traditional foreign trade. Goods are not being traded. Offshore production is not a case of US making good X and trading it (to another country) for good Y. It is a case of the US ceasing to make X in the US and making it (in another country) instead” (“Outsourcing champs say India critical to their success”). This quote leads to the differences between outsourcing and trade. Trade is a matter that had threatened the unskilled people in the labor force, which encouraged many of them to learn some sort of skill. Unlike trade, however, outsourcing is a threat to skilled workers. It is true that outsourcing had been around for many years and that it is no new matter.

The outsourcing of non-core business and services has risen in recent years. The top benefactor of this rise has been India. Corporations have found a profusion of well-trained, English-speaking workers to cram into call centers and customer service jobs. This is even happening in high-skill positions like hospital X-rays technicians also. India is seen as the pioneer in outsourcing jobs

Instead of collecting income only during the day time like it has been for the past 15 years, outsourcing to India will allow our company to be working 24/7 due to the time zones.

|Answer : The Indian IT industry has been the great success story of India's liberalisation. Starting with an export of around $100 million and |

Several growth factors contribute to India’s burgeoning national and global economic presence. Having the largest population of youth on the planet means that India’s workforce is surging, especially in the areas of agriculture and manufacturing. The nation’s growth in production, income, and education leads to a rising middle class consumer base. Finally, the growth of India’s economy is facilitated by political leadership changes and government initiatives that favor an open economy and global competition.

The documentary 1-800-India is a very informative documentary showing the out sourcing industry in India. The documentary goes beyond just out sourcing and shows the many benefits it has for the people in India. It tells how it has seventeen thousand employees, and about fifty percent of the employees are woman, which is a change for woman in the society. Twenty percent of woman in India have jobs now due to Business Process Outsourcing. This is good for India because more women are getting an education and are learning more than ever before. The men and woman of Business Processing Outsourcing have been educated, and are able to speak English and speak to people in places such as the United States and Australia. They are gaining a better

When talking about India, one often hears of how fast it is growing, how it is amongst the largest economies in the world and is often

The biggest democracy of the world and the largest democracy in the world, India and the United States of America have always had an on/off relationship in spite of the their near identical origins, institutions and problems. Emerging from a British colonial past both countries have withstood a number of challenges and complications that arise in a modern heterogeneous state.India, on one hand is a 1.2 billion strong nation which is expected to become the world’s most populous within a generation. Armed with a nuclear arsenal, India boast of an army that is third after only China and the USA. Economically, the GDP of India in terms of purchasing power stands at $4.7 trillion which is the fourth largest in the world and is rising at the

India is a fast developing nation and is considered to be the leader of Developing Economies. Our presence is globally felt in all spheres. We are marching ahead with industrialization and exploring on foreign markets as well.

It is estimated that India will remain growing at levels around seven percent in 2017-2018. This growth is being stimulated by further market freedoms and reforms addressing India’s ease of doing business, as well as an active Government of India-driven campaign to increase local manufacturing, grow the agricultural sector, and attract greater levels of foreign direct investment.

call for digital goods is increasing vvith a Compound Annual Grovvth charge (CAGR) of 22% and is expected to the touch 400 Billion USD by 2020. Indian government is also taking numerous steps to promote manufacturing and investment in this quarter, vvhich places India high on the listing of capability locations to invest.

Agarwal, R., & Nisa, S. (2009). Knowledge process Outsourcing: India’s emergence as a global leader. Asian Social Science, 5(1), 82–92. doi:10.5539/ass. v5n1p82

Digital India is an initiative of Government of India to integrate the government departments and the people of India. Digital India mission is expected to create over five crore jobs in various sectors. The project will also facilitate Training to around 1 crore students for IT sector by 2020 - opening new windows of opportunities for professionals with a host of careers and jobs. The new FDI norms will drive jobs in the country, especially in the IT sector. India has already seen an increased FDI inflows at USD 55.46 billion in financial year 2015-16, as against USD 36.04 billion in 2013-14. This is the highest ever FDI inflow for a particular financial year, and according to the report. The objective of the study is to explore the “Digital India” initiative to drive technology sector in India, identify the evidences of FDI in Digital India, trace the digital demographics and the impact of Digital India by 2019 and suggest priority measures for improving India’s investment climate. India is set to become a nation of job creators rather than job seekers. International corporations with a presence in India are far more optimistic about