The impact of business process outsourcing in Indian economy

Category: Academics

Best Bpo companies in India attract long term contract from foreign organizations which runs for a long time, and also happen to do repeat business, which not only profit the bpo sector who is providing the service, but also the country’s economy which is effected in a better way through the business transaction. The Indian BPO has transformed in many ways, for example, the work process is getting more technology oriented, which assure great services, and companies are willing to train the employees they hire so that they don’t have to compromise on the quality of their employees. In fact, some bpo companies provide financial assistance to skilled employees to learn new foreign languages to able to communicate with diverse clients based globally. India is currently leading the position of being the top business process outsourcing nation in the whole world, and if the consistency continues like this it will generate a revenue of about 40 billion US dollars by the end of 2020.