BERLIN AND MUMBAI, Feb. 13, 2013 /CNW/ - India is the world's offshoring
hub. A country spilling over with quality graduates - many of them in
IT - and English skills honed from a very early age is home to six of
the world's ten leading offshoring cities, according to the Handbook of
Global Outsourcing and Offshoring.
The English-speaking countries have found a good-quality place to
outsource their IT services with India, while the DACH countries
(Germany, Austria, Switzerland) are getting increasingly active, which
is one of the reasons Germany Trade and Invest will be at this year's NASSCOM India Leadership Forum 2013 in Mumbai
from February 13-15.
"India has been important to Germany during the global economic crisis,"
said Asha-Maria Sharma, Germany Trade and Invest's Business Representative for India.
"German companies are able to outsource IT needs economically to good
quality service, while India's leading companies are becoming better
able to cement their positions in Europe by investing in Germany."
This is important for both sides. The outsourcing boom will eventually
slow down as the companies reach the point where all the jobs that can
be outsourced overseas are so, while productivity improvements in
Germany reduce the need for further outsourced roles.
Many companies who rushed to save costs during the crisis have found
they sacrificed some of their identity and connection with key business
components by outsourcing them.
"What we are seeing though, is that companies are still looking to
outsource services, just closer to home," continued Sharma.
"So Indian companies able to bring investment and locations to Germany
will be able to reap the benefits of continued custom and that from
their position within Europe."
Germany Trade & Invest is the foreign trade and inward investment promotion agency of the
Federal Republic of Germany. The organization advises foreign companies
looking to expand their business activities in the German market. It
provides information on foreign trade to German companies that seek to
enter foreign markets.
SOURCE: Germany Trade and Invest
For further information:
Germany Trade & Invest