Outsourcing Revenue Streams To India

Updated: September 11, 2010

But now, India is moving towards a more liberalized semi-capitalistic export based economy. It is limited but the effects of globalization and its large rural population who still can't participate but in my opinion that leaves room for growth. Removal of import barriers means foreigners can compete in the market so the national/domestic industries have to improve. This has the benefit of improving product and procedures so profits shoot up. Growth rates rise and the standard of living for the populous follows it.

India can now boast pockets of strength in the IT and Pharmaceutical industry because its younger generation speaks English and are highly qualified. They have a strong work ethic. This allowed India to take advantage of a strong labor force which had lower costs for them. Call centers and new manufacturing sprang forth. India's engineering exports rose dramatically because they were able to be more effective in the import of industry and the export of goods. This has caused a middle class bubble just waiting to be served.

Featured Research
  • The New 2017 Contact Center Comparison Guide

    We’ve put together a comparison guide that covers over 40 of the top call center software options, providing details on pricing, features, support, and integrations. If you want to save time and still make a great investment, this guide is a must read. more

  • Phone Systems Comparison Guide: VoIP for Small to Midsize Businesses

    It was a painstaking process, but to help B2B companies start 2017 off on the right foot, we recently compiled a comparative list of the top 43 small to midsize business phone vendors. more

  • 16 Mistakes to Avoid When Buying a Phone System

    Purchasing a phone system for your business is a major investment. With the average business changing phone systems only once every seven years, it’s important to make the right decision. more

  • 2017 Video Conferencing Trends

    New advancements are also making video more beneficial to a greater range of business areas including marketing, HR, and internal operations. Many solutions are economical, easy to use, and very effective at making communication more personal. more

  • [Infographic] Top 11 VoIP Vendors

    A good VoIP provider will offer additional benefits as well, but many first-time buyers find assessing each option to be difficult. Nevertheless, this is an important step in the buying process because a substandard provider can easily waste both your time and money. more