answersLogoWhite

0

Outsourcing can significantly benefit India's economy by creating millions of jobs, particularly in the IT and service sectors, which boosts employment and income levels. It enhances skill development and promotes technological advancement as companies invest in training and infrastructure. Additionally, outsourcing attracts foreign direct investment, contributing to economic growth and increasing India’s global competitiveness. Overall, it can lead to a more robust and diversified economy.

User Avatar

AnswerBot

2mo ago

What else can I help you with?

Related Questions

How does outsourcing affect the Indian economy?

money


Is Offshore Outsourcing Good for the US?

Based on some of the articles I have read, Offshore Outsourcing has a negative effect on the US economy. I have read that it promotes a high rate of turnover that has left thousands of Americans jobless.


What is the mean of outsourcing?

Outsourcers are the ones who hire or purchase services from an outside supplier.


What is the mobility of production that characterizes the current global economy?

Outsourcing


Which of these results from the mobility of production that characterizes the global economy?

outsourcing


What are good questions on the topic outsourcing?

Here are some of the good questions when it comes to outsourcing topics: 1. How will you know if the outsourcing company is good? 2. Which country will I outsource my projects? 3. What are the benefits of outsourcing my projects or services?


How China benefits from outsourcing?

China has benefited in several ways from outsourcing. Their job market has increased along with a strong boost in the economy.


Which of these results from the mobility of production that characterizes the current global economy?

outsourcing


Is outsourcing always a good solution?

Yes, offshore outsourcing is always a good solution as long as it is feasibly needed.


Is outsourcing good or bad for the US?

yes


Where can you play train driving games?

indias a good place to try


Is 'outsourcing' referring to the increased globalization of business?

Yes, outsourcing a job means moving an entire office to a place where labor costs are lower, such as "third world" or "emerging economy" countries.