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Started by : Surabhi Sinha, Project Manager, Ispat Inds   07 16 2010 12:55:38 +0000
Industry : Advertising/PR/MR/EventsFunctional Area : Outsourcing(Operations)
Activity:  20 views;  last activity : 07 18 2010 17:57:12 +0000

According to a new study, China is a major competitor for the fast growing Indian outsourcing industry. Though at present the country has still not reached the level of maturity seen in India, the growth of China's outsourcing market is significant. It may overtake India as the primary destination of outsourcing and shared services for Asia - Pacific companies.

http://media3.washingtonpost.com/wp-dyn/content/photo/2008/09/07/PH2008090702525.jpg

The survey also revealed low labor costs as one of the reasons for contracting outsourcing providers. Many Western companies may still see India as their location of choice, but for executives within Asia Pacific the message is clear - China is now leading the way. Singapore stands second as a popular location for shared services.

So users, what should India do in this condition?

 
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1 2 3 4 5
1 INDIA needs initiation
2 Maintain product value
3 Yes it is very much true that China overtakes India as preferred outsourcing destination
4 Be focus on the growth in what we do
5 China overtakes India as preferred outsourcing destination- What should India do now?)

INDIA needs initiation

idea posted by sai kiran M VR SIDDARTHA ENGINEERING COLLEGE

we all know that  INDIANS have the power to do anything they what they just need some strong n perfect initiation  only

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Maintain product value

idea posted by Diwakar Tiwari Sr. Manager, THE Arvind LTD

It is true in mass production China ahead than India due to cheaper work force but Indian product established in market due to their Quality STD. So in future we have to maintain that.

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Yes it is very much true that China overtakes India as preferred outsourcing destination

idea posted by sandeep kumar khuntia B.Tech/B.E. student, SGSITS, Indore
But India has also cheaper work force,but the fact is that this cheaper workforce is getting more costlier day by day, due to the policies framed by the government.Government should take steps to provide land and workforce at cheaper rates because the purchasing power in India is very high,and the economy will grow day by day. India needs to do the following things: Indian ports should be developed. The products rolling out from India should be cheaper than other country's product,This will reflect the Govt.Export Policies. Also Technolgy must be advanced compared to rest.
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Be focus on the growth in what we do

idea posted by Surabhi Sinha Project Manager, Ispat Inds

China Goods were ceased by the custom Head in Chennai which they found Automobile Parts which were low in quality and medicines like crocin in which it is mention (Made in India).This was a small racket which was caught.We Indians always have to be strong with in and should focus on the growth in what we do and add a value to our country.

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China overtakes India as preferred outsourcing destination- What should India do now?)

idea posted by Kocherlakota Satya Venkatesh Dy.Manager, IVRCL

It is true.Because Chinese work force is becoming cheaper then that of India.

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