Wednesday, December 12, 2007

India top location for offshore services: Report-India Business-Business-The Times of India

Source: India top location for offshore services: Report-India Business-Business-The Times of India

NEW DELHI: India continues to be the undisputed leader in offshore services but countries like China, Russia and Brazil are fast catching up, according to a report.The offshoring spending is expected to grow 60 per cent in Europe and 40 per cent in the US in 2008, according to the report by Gartner.Gartner analysed 30 countries across the world and used criteria including language, government support, labour pool, infrastructure and educational system among other factors to assess the locations."India remains the undisputed leader in offshore services, but increasingly, countries such as China, Russia and Brazil are providing credible alternatives," the report said.Although positioned as India's greatest challenger in terms of its potential scale, China fared poorly on language skills. China, India and Singapore all demonstrated strong government support for the promotion of their country as an offshore services location in the Asia Pacific region.However, Gartner said the aim of the study was not to rank each country but to help sourcing managers determine which locations are right for their organisations.