Monday, August 11, 2003

Upbeat Indian BPO market set for growth

The Indian BPO Industry is eventually building a platform of consolidation – despite outcries and ire of US labor force. As the US corporate sector surge ahead for outsourcing business services, the Indian BPO market is upbeat to cater the credential requirements. Of late India has accumulated major offshore accounts for the BPO services that includes companies like DELL, GE Caps, Ford, Phillips etc. The list is too long to mention in this article.

A typical BPO means an outside company managing various business tasks like call-center, inventories that saves the stress of the first party. While India is offering professionals of almost the same caliber as in US but at far lower price. The BPO sector in India is blossoming with the heaping offshore BPO market. Various studies reveal that more and more US firms are considering offshore outsourcing. In such case BPO in India will prosper will stringent hold over US outsourcing market.