Computer Science, asked by ankushkupradhan2, 2 months ago

Class 9 computer short answers Give any
Two
Reasons
why BPO business in India is so
successful?​

Answers

Answered by Anonymous
3

Explanation:

In India, Business Process Outsourcing (BPO) is the fastest growing segment of the ITES (Information Technology Enabled Services) industry. Factors such as economy of scale, business risk mitigation, cost advantage, utilization improvement and superior competency have all lead to the growth of the Indian BPO industry

Answered by mmmanishamaity
2

Answer with Explanation:

Why BPO business in India is so successful ? [ Any two reasons]

=> Outsourcing of various non-core services emerged as a mainstream business in the mid-1990s. Since then, the outsourcing industry, which later came to be known as business process outsourcing or BPO, has been through several transitions. Despite the volatile global economic situations prevailing now, the future of the Indian BPO industry continues to remain positive for many reasons. [ According to your question i giving two reasons ]

1 . Cost-advantage:

Initially, India was chosen as an apt alternative to in-house processing considering many favorable factors including large English-speaking workforce and availability of tech-savvy manpower. But it is the operational cost reduction by outsourcing the business process services to India that makes the country a suitable destination. Companies are enjoying as much as 50-60 percent of cost reduction by outsourcing to India.

2. Competent Talent Pool:

Despite the stiff competition from The Philippines, Vietnam and other Asian countries, the Indian BPO industry still remains an attractive destination because of the availability of vast skilled labor and their proficiency in understanding progressive technology. Companies, lately, have started realizing that outsourcing is more than just cost arbitrage and thereby zeroing in on India for enhancing the business productivity along with efficiency.

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