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Contribution of BPO industry to Indian economy based on its growth
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These are major features of BPO industry in India and they attract long term lucrative contracts. As a result, there are high earnings and in the end, major contribution of BPO industry to Indian economy.

The industry as a matter of fact is a market leader and is improving in training of professionals. This is especially those who are interested in foreign languages as it helps the country to increase the number of skilled workers.

With more skilled workers, India will be better placed to sustain its global leadership. It will also generate more export revenues of up to USD 10 billion and much more in the coming years. India is focused on building its BPO industry. It is setting up more quality BPOs to create more employment opportunities to locals and foreigners.

The country targets more youths to help eradicate poverty and to bridge the gap between the rich and the poor. It is worth noting that the role of BPO in economic growth in India is at growth stage. Even so, India has benefited immensely from outsourcing.

All is therefore, set in the country for a major contribution because the government fully supports BPO Sector in terms of financial support and growth, rural urban migration, openness to trade and quality education. Due to government support, India has become one of the most widely sought after and successful BPO hubs. It is an essential part of national and global enterprises.

The above essay on the contribution of BPO industry to Indian economy, is among the many you will find on this blog. If you need assistance in writing an essay, a term paper or a research paper get in touch with us today for assistance or visit our homepage for more information about our custom writing services. For more samples visit our blog. There are different driving forces that account for increase in foreign direct investments through BPOs in India and they include More emphasis on real time and quality services Cost effectiveness Skilled sets and workers Quality products and Availability of English-speaking manpower These are major features of BPO industry in India and they attract long term lucrative contracts.

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