Projections for the global outsourcing market continue to be strong for India. The recession and its effects on an individual sourcing recipient (company using outsourcing) depend on the drivers of outsourcing for the recipient.
If cost was not one of the drivers than the recession is not likely to change the outsourcing decision. If cost were one of the drivers the recession can:
which type of Impact on Indian market byt Global recession
IT Industry may get impact because most of the IT business came from US. Our economy is strong. Most of the industry produce to cater to national demand. Demand is high in India but production is relevantly insufficient. So, there will hardly be any impact of present recession in US on India. Job Sector: Recession proof jobs: Government Servant, Teachers, Doctors, Cost Accountants and Beauticians.
Yes, India's economy faced a significant impact from the global economic downturn caused by the COVID-19 pandemic, leading to a recession in 2020. However, the country has shown signs of recovery through various governmental measures and economic reforms.
With the current recession and GM's customer base, outsourcing their call center operations help save them the cost on maintaining customer satisfaction at a local level.
recession
farming and outsourcing
YES
IT
Farming and outsourcing
Yes
simples ,,, recession closing down telesales companies ,,, which use IT daily
Financial services in India are services provided to customers related to accounting outsourcing, financial outsourcing an example of such a company is Castleton based it can be contacted at http://www.bookkeepingaccounting.co.uk/ for outsourcing services