This topic has been the subject of discussion in many a top Business Schools of the world over the years. The experts know, and the major organizations of the world swear by the fact that India is doing some really good work in the field of business outsourcing. Even President Obama has acknowledged the fact that India is revolutionizing the business world by being the perfect host for business processes. For those who know a thing or two about today's business world, outsourcing (offshoring, to be precise), means India.
Outsourcing/Offshoring is the concept that has been proven over the years through practice and implementation in business operations to decrease costs and increase profits. What started as a move to relocate a few of the business process from the costly western market to the more cost-effective eastern shores, has now evolved into a wave that many organizations around the world are riding to make better use of their resources and create sustained profits.