Question

India is often called an outsourcing hub of the world state and discuss the prime reason of for this name given to India​

Answer 1

Answer:

Over 350 million Indians are proficient in the English language as India is the second-largest English-speaking nation in the world. English fluency is one of the prime reasons why India has been the most preferred outsourcing destination.

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Answer 2

Explanation:

The number one reason why India remains a top outsourcing provider is due to the significant cost savings that companies can achieve. ... This pricing flexibility allows companies the freedom and creativity in managing their budget and helps them reap large profits.

Offshore Outsourcing India is clearly the most preferred destination for BPO purpose across all the industries. Reason behind these much popularity of Indian market worldwide is the lower labor cost attached with the procedures.