The core of outsourcing is simply the contracting of a
business process to another party. The business format isn’t new and has been
in practice since the early eighties.
Outsourcing could involve transfer of asset or labor
force transfer to a second party. India businessmen and unemployed Indians have
a lot to gain from getting outsourcing contracts.
The massive labor and technological force found in India
makes it an ideal place for outsourcing. Another major advantage to Indian commerce
is employment of rapid labor and better wages.
Foreign...