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The Business Process Outsourcing industry in India caters mostly to Western operations of multinational corporations. Annual revenues from BPOs are around 11 billion, around 1 of GDP. Outsourcing to India began in the early 1980s when many European airlines started using Delhi as a base for back office operations. Since essay on role of bpo in india ancient time Indian. J. EPD, Inc. essay on role of bpo in india Amarpreet: It would be impractical for you to senior thesis template get into a good, reputed help for homework one acadian cultural center essay contest year MBA in India or abroad without a competitive GMAT score.
Importance of BPO(Business Process Outsourcing) in India. In India, Business Process Outsourcing (BPO) is the fastest growing segment of the ITES (Information Technology Enabled Services) industry. Factors inclusive of financial system of scale, commercial enterprise threat mitigation, value gain, utilization improvement and superior In India, Business Process Outsourcing (BPO) is the fastest growing segment of the ITES (Information Technology Enabled Services) industry.
Factors such as economy of scale, business risk mitigation, cost advantage, utilization improvement and superior competency have all lead to the growth of the Indian BPO industry.
India's domestic Business process outsourcing (BPO)) market, with nearly 500 players, is set to grow at a compounded annual growth rate of 33. 3 to touch revenues of 6. 82 billion by 2013. The industry recorded a turnover of 1. 62 billion in 2008. India has success growth story for BPOs since mid 1990s and promises a rosy future on BPO Industries due to their advantages. But in the other side, due to globalization, global economic downturn and government policy makes Indian BPO in India Business process outsourcing (BPO) is a broad term referring to outsourcing in all fields.
A BPO differentiates itself by either putting in new technology or applying existing technology in a new way to improve a process.