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Question : 42
Total: 47
"India is often called as 'Outsourcing Destination' of the world. Discuss the prime reasons for this name given to India.
Solution:
India has become a favourable destination of outsourcing for the world because of the following prime reasons :
(i) Easy availability of cheap labour : The wage rates in India are comparatively lower than that of in the developed countries. As a result,MNCs
(ii) Availability of skilled manpower : India has vast skilled manpower, which enhances the faith of MNCs in outsourcing their business in India.
(iii) Favourable Government Policies : MNCs get various types of lucrative off from the Indian government like tax holidays, low tax rates, etc.
(iv) International Worthiness : India has a fair international worthiness and credibility.
(i) Easy availability of cheap labour : The wage rates in India are comparatively lower than that of in the developed countries. As a result,
(ii) Availability of skilled manpower : India has vast skilled manpower, which enhances the faith of MNCs in outsourcing their business in India.
(iii) Favourable Government Policies : MNCs get various types of lucrative off from the Indian government like tax holidays, low tax rates, etc.
(iv) International Worthiness : India has a fair international worthiness and credibility.
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