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centers had made India the Housekeepers to the World. World. Nevertheless, the new industry has been hailed as the sunshine sector, expected to produce 2 million jobs in 6 years. years. The indians receive just 20% of western 20% wages 100 -200 pm (for customer care specialists) and 240-330 pm (team 240leaders). leaders).
operators have been asked to adopt English names, so customers can easily understand. understand. India Today does concede that the work hours can be trying and stress levels high due to demanding and even rude Euro & American customers battling with the Indian accent. accent.
manpower: In India, the manpower: manpower cost is approximately one-tenth oneof what it is overseas. overseas. Technical support: support: India producers 100, 100,000 engineers each year. They can be year. used in call centers for troubleshooting/tech support, as the salaries are dramatically lower than in Europe or the US. US.
Process Operations The Evolution Types of back office services: services: - Administrative - Finance
Excellent Telecom infrastructure in major cities. cities. Large Pool of computer literate and English speaking professionals. professionals. Well recognized Information technology skills. skills. Wide gap between personnel costs in India and developed countries. countries. Combination skill sets easily available. (For available. example computer and legal or medical skills.) skills. Government supportive of such activities. activities. Excellent training infrastructure
Perceptual Map
Outsourcing in India
Activity 1997-98 (actual) 75 20072008 (estimate) 4250 Back Office Operation / Revenue Accounting / Data entry/ Data Conversion Medical Transcription/ Legal Transcription/ Insurance Claim Processing Call Centers Database Services Web Content Development
19
2250
01 05 37.5
Future Locations
Focus on verticals and develop a niche capability to succeed in the outsourcing industry. industry. Indian BOP s need to widen their scope. scope. Unless they re-engineer a transformation they rewill fail to exist as an industry. industry. They will have to take the consultative approach and begin to extract processes across corporate boundaries and eventually offshore. offshore. So far offshore outsourcing has been limited only to three horizontals customer interaction, content development and HR. HR.
India as a good BPO brand, not only will help in the growth of existing companies, but will be a helping factor in setting up new ones. ones. The future for Indian BPO s will most probably see three different kinds of players: players: - The first one will be global transformational outsourcing suppliers with specific areas of specialization. specialization. -The second will be simply labour arbitrage players who offer continuous improvements benefits - The third will be niche players who offer dedicated functional services like HR, finance and accounting and so on. on.
A preview of the Global IT services and BPO Track at Gartner Summit 2003, July 16-17 in 2003, 16Mumbai shows that India has the potential to generate US$13,8 billion for offshore BPO US$13, exports in 2007. For the current year, India s 2007. revenue from the offshore BPO will grow from slightly under $1 billion in 2002 to $1.2 billion in 2003 and will represent 66% of the global 66% offshore BPO market. market. The global offshore business process (BPO) is expected to reach $1.8 billion in 2003, a 38% 2003, 38% increase from the 2002 total of $1.3 billion. In billion. 2003, 2003, offshore BPO will represent 1.5 % of the total BPO market. market.
Conclusion
After reading so many articles that stated the acts of the TRENDS IN BPO IN INDIA . We feel that BPO s are definitely a boon to India. India. India has been the number one outsourced country in the world and we should try to sustain this place as it adds to the economic growth of the country. country.
Conclusion
It also makes use of the huge human resource that India is rich in thus enabling to fight the problems of unemployment as also increasing the standards of living of the people in the country. country. It has helped put India on a Global Map and hence we sincerly hope that the BPO sector in India grows by leaps and bounds!!