Outsourcing: India Scores Over China

By dint of its booming outsourcing industry, India too is currently booming in the arena, as it has once again scored over China to emerge as the top offshore destination for Global businesses. In the 2004 offshore index, India remains the star performer. It has once again captured the top spot in outsourcing by a comfortable margin due to its strong mix of low costs and significant depth in human resources. This was brought to light in a study conducted by an international consultancy, AT Kearney.

China climbed down the outsourcing competition rung, as it lags behind India in terms experience and other key factors like IT and management education, language skills, concerns about intellectual property and overall country risk. As per the “2004 Offshore Location Attractiveness Index”, which evaluated all countries based on corporate surveys, offshore experience, labour and government initiatives, Malaysia, Czech Republic and Singapore make up the next three countries, after India in outsourcing.

Jesmine