why so many MNC's are interested to establish their enterprises in India
2006-10-10 22:51:35 · 13 answers · asked by Anonymous in Business & Finance ➔ Corporations
Outsource to India for technological agility, quality, flexibility, cost control, time-to-market and competitive advantage.
1. India is a talent-rich country: outsource IT talent
2. India exports software to 95 countries around the world: outsource expertise in global methodologies
3. India enjoys the confidence of global corporations: outsource high quality brain-power
82% of the US companies ranked India as their first choice for software outsourcing
Bill Gates says India is an IT superpower: strikes strategic alliances with Wipro and Infosys to develop applications on the .Net platform
Jack Welch opens $130 million Technology Center in Bangalore, GE's largest R&D center outside the US: celebrates 10 years of GE Medical Systems in India.
India Offers Multiple Advantages
Outsource to stay competitive. Leading companies worldwide realize that to maintain stay ahead, they need to reduce costs, provide the best quality, use the latest high-tech skills, and be reliable and innovative
Outsource to a mature industry with world-class systems, systems and quality
"India, US sign deals worth US $6 billion"
"India bid to boost to bilateral economic ties, with Prime Minister Atal Behari Vajpayee in the US, India and the US have signed five commercial deals worth US $6 billion for projects in power,
e-commerce and banking sectors."
2006-10-10 23:04:16 · answer #1 · answered by vijaya l 4 · 1⤊ 0⤋
I live in Selangor, a state in Malaysia. Malaysia is a country that consists of thirteen states and three federal territories in Southeast Asia.The capital city is Kuala Lumpur. The country is separated into two regions — Peninsular Malaysia and Malaysian Borneo — by the South China Sea.Malaysia borders Thailand, Indonesia, Singapore, Brunei and the Philippines.Located near the equator, the weather is characterised by tropical climate. The population of Malaysia is approximately 25 million. The Malays forms the majority of the population while there are sizable Chinese and Indian communities. The main and official language is Malay. Malaysia was formed in 1963, and it received it's independance on 31st August 1957. Malaysia is well-endowed with natural resources in areas such as agriculture, forestry and minerals. In terms of agriculture, Malaysia is one of the top exporters of natural rubber and palm oil, which together with sawn logs and sawn timber, cocoa, pepper, pineapple and tobacco dominate the growth of the sector. Malaysia has several famous buildings like the Petronas Twin Tower. It's recognised as one of the tallest building in the world. Not only famous for it's infrastructure, Malaysia is also rich in flora and fauna, not to mention historical places, resorts, islands and other attractions. Malaysia is a very nice country, in my opinion that is. I'm glad to call myself a Malaysian. Nothing can compare with the joy and memory that my country has store for me since birth. Hey! Drop by Malaysia once in a while..There's a lot of places to visit there..
2016-03-28 04:41:34 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Even though I partly agree with the comments posted. There are far more important facts.
1.) Lots of highly educated people
2) Willingness for work hard and achieve something.
3) Close family culture
4) Decent life style
These are just some of the things that may be added.
When china started growning most of us who represent western attitude thought its because of communist heartless regime who torture and make people work. Now after couple of years we realised that its peoples commitment to make the country grow. In most of our super markets how many products will be from our country and how many from China?.85% is from China. Where is the ruthless regime argument????.
Wait... before you judge
2006-10-10 23:31:31 · answer #3 · answered by pirate 1 · 1⤊ 0⤋
hi anna,
India is a cool place to start the outsourcing co`s besides our country is known for large population which gives scope for cheap labour, if americans have to start the same company in USA they have to pay high salaries like $5000.00 p.m, for a software developer, but here in India people work for just 40-50k per month,
2006-10-10 23:09:58 · answer #4 · answered by kaas 2 · 1⤊ 0⤋
Because the socio-economic status of India is at a standard where it can fall prey to the cheap bastards who dont want to pay
reasonable rates to American citizens. Make bigger profits pay less out.
2006-10-10 22:58:46 · answer #5 · answered by phishmelon 2 · 1⤊ 0⤋
india is a cheap in human resorces and our govt. economic policy is changed towards western intrestes.
our potential remains high as it before
only thing is it helps our peoples also to grow
but be care full those are all coming here with the money motto
so any thing can happened if they havenot earn the money that they are expected.
be careful!!!!
2006-10-10 23:21:37 · answer #6 · answered by niftcobalt 2 · 1⤊ 0⤋
Due to the difference in the standard of living and prices, Indian workers, even well-educated ones, are willing to accept lower wages than US or European workers.
2006-10-10 22:59:24 · answer #7 · answered by Michael E 4 · 0⤊ 0⤋
1. increasing population means younger generation.
2. speaking English. although it's hard to make out their sound, their English make more sense than Chinese.
3. having great % of its population possesses higher education
4. social behavior encourages IT career.
2006-10-10 23:20:48 · answer #8 · answered by vivogenia 1 · 0⤊ 0⤋
because the labour is very cheap, it is bloody annoying when you phone a helpline and have to speak to someone that you can't understand though!
2006-10-10 22:57:04 · answer #9 · answered by Turbot Face 2 · 0⤊ 0⤋
easy question, the answer is:
1. cheap labour
2. excellent skills
3. good english
2006-10-11 22:37:37 · answer #10 · answered by chillgalsnboys 2 · 0⤊ 0⤋