Why US Companies Choose The Indian Companies for Their Business Growth?


Donaldcastillo

Uploaded on Dec 3, 2019

Category Career & HR

Presentation on "Why US Companies Choose The Indian Companies for Their Business Growth?"

Category Career & HR

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Why US Companies Choose The Indian Companies for Their Business Growth?

Why US Companies Choose The Indian Companies for Their Business Growth Introduction  Most American small and medium depends on India for off-shoring software development and BPO services.  There are some major reasons why US is choosing Indian companies for growth and we are going to discuss about the reasons here. Image Source: Google 1. Low cost  Of course the main reason is cost of Indian companies are low.  If you see the conversion of Dollar to INR, it is easy to understand why the US is choosing Indian companies. 2. Labor Cost  Due to high population countries like India and China are always bound to make their cost of labor very low as compared to markets of anywhere in the earth.  They have to pay less to the Indian companies and interestingly Indians won’t find the salary less of their worth. Image Source: Google 3. Governance  India in terms of privatization is very liberal country.  US sees the chance of its growth in India since US finds easy going in India in terms of policy and laws. 4. Low TAX  India has liberated it’s tax policies for countries so that they can do good business here as compared to other countries like China, Russia and US.  When TAX is low it’s easier for companies to manufacture and export products. Image Source: uja.in 5. Skillful Brain  Again as India is a heavy populated country, the people have to struggle and fight for their passion.  They have to go through numerous tests and exams before being able for any sort of income.  So US companies get a bunch of skillful workers here in India. Image Source: Google 6. Creativity  India is the creator of Jugaads.  From this it can be said that Indians are always creative and they can utilize their brain in such a way that they can perform miracles and make impossible to possible. Image Source: Google 7. Examples  US companies are well aware of the management brains and successful leaders from India like Satya Nadella, Sundar Pichai, Indira Nooyi, etc.  US has a belief that the leaders from India are very intellectual and wise, who can surely lead their companies to a higher limit. Image Source: Primeview Thank You