Over the past decade, Offshore Outsourcing to India has dramatically increased due to a number of economic and cultural factors. Let’s examine why doing business in India is good business for U.S. headquartered companies.
It is widely known that India is the second fastest growing major economy in the world with a GDP (Gross Domestic Product) growth rate of 9.2% at the end of the second quarter of 2006–2007 (source: Wikipedia). Additionally, India has a stable, peaceful government that has a history of over 60 years of democracy; this stable environment provides a low risk outsourcing opportunity when compared to other foreign markets.
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