Submitted by James Marriot | Category: Business | Published on Nov 29, 2007
 
Abstract:
India’s outsourcing service provider market has shown phenomenal growth over the past few years. The meaning of term ‘outsourcing’ has changed considerably in recent years.

India’s outsourcing service provider market has shown phenomenal growth over the past few years. The meaning of term ‘outsourcing’ has changed considerably in recent years.  

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Outsourcing can be broadly defined as the process of outsourcing services to offshore countries. The company that is outsourcing the work gives strict guidelines to the outsourced company regarding the outsourced work.  It is seen that most of the companies take the help of market research firms before finally starting a market research project in a foreign country. 

 

Market research is beneficial activity for both, the outsourcing company as well as the service provider company.  Market research helps the outsourcing company to reduce its overhead cost and increase the quality in the non-core area of business. It also enables the company to improve its expertise and competence.

 

Experts say that India has the best market for market research companies, best market research professionals and market research firms. Over time, foreign countries have realized the advantages of outsourcing market research services in India. India’s service outsourcing market is developing at a speeding rate. It has developed the core capabilities required in outsourcing, to outstand in the field of outsourcing.

 

It is expected that till 2008, the market research segment will employ more than 1.1Mn Indians, as per the studies conducted by a high profile market research company. The ITES-BPO industry is growing at a rate of approximately 50%. 

 

India has a pool of professionally trained and skilled manpower, which is available at a relatively low price, as compared to other countries. India is trying its best to tap opportunities from offshore companies, in the field of market research services. 

 

In recent years, India has made a mark in the field of outsourcing services. It has established itself as a Market Research Outsourcing hub.

 

To avail more information on India’s Outsourcing Services log on to the website: http://www.rncos.com.

 

RNCOS E-Services Pvt. Ltd. is an industry leader in the field of online business research. We specialize in industry research on various business verticals. To read our market research reports, visit us at our website: - http://www.rncos.com or email us at info@rncos.com.

 

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