Business Process Outsourcing In India
The business process outsourcing industry in India refers to the business process outsourcing services in the outsourcing industry in India, catering mainly to Western operations of multinational corporations (MNCs).
As of 2012, around 2.8 million people work in outsourcing sector. Annual revenues are around $11 billion, around 1% of GDP. Around 2.5 million people graduate in India every year. Wages are rising by 10-15 percent as a result of skill shortage.
Read more about Business Process Outsourcing In India: Size of Industry, From A PricewaterhouseCoopers Survey, Mandatory Registration of 'BPO' Under The Other Service Provider(OSP) Catergory in India, Leading BPO-ITes Cities in India, Criticisms
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