In case you needed a refresher on why India is still experiencing rapid IT outsourcing growth here are some statistics (from The Economist Magazine):
* Every year India produces around 2.5M university graduates, including 400,000 engineers and 200,000 IT professionals
* India's National Association of Software and Service Companies (NASSCOM) calculates that the country has 28% of the world's IT offshore talent
* They work while the West sleeps
* They speak (splendid) English
* They can throw huge numbers of people at an IT project
* The cost of an Indian graduate is roughly 12% of that of an American one
* Indian graduates also work more: an average of 2,350 hour a ear compared with 1,900 hours in America and 1,700 in Germany
* A company can buy almost 10 Indian brains for the price of 1 American one
The World is our Oyster. [The Economist, October 7th, 2006]
Workforce Vision * Post: Bill Inman * Human Capital * Contingent Workforce * Globalism * Trends * Outsourcing
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